American Energy Policy, Asleep at the Spigot
Pooja , Shimla: Jul 6 2008
JUST three years ago, with oil trading at a seemingly frothy $66 a barrel, David J. O’Reilly made what many experts considered a risky bet. Outmaneuvering Chinese bidders and ignoring critics who said he overpaid, Mr. O’Reilly, the chief executive...
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Tags: David J. O’Reilly, Chevron, Starbucks, General Motors
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Gagandeep
2 Stars
Gagandeep Jul 10 2008
Shimla, India
Conspicuous consumption has to go in the wake of spiraling crude prices. Addiction to oil cannot be sustained in the long run and this is a lesson that all must learn very quickly now.

And yet Presidential hopefuls have the audacity to announce a summer gas tax holiday. I’m bamboozled!

How about asking consumers to take it easy?
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