What’s wrong with this picture?

Set America Free Coalition member Robert Zubrin writes in the New Atlantis:

n the world markets, the cost of a barrel of oil is, at this writing, over $120. In the United States, a gallon of gasoline now costs, on average, roughly $3.50. Even when adjusted for inflation, both of those figures are now higher than they have ever been—higher than during the 1973 oil embargo, higher than during any subsequent peak. And yet, bizarrely, instead of focusing their attention on the staggering cost of oil and its ruinous implications for global growth and economic wellbeing, American policymakers and energy analysts have begun to decry a different fuel—one that holds the key to ending our dependency on expensive oil purchased from countries with interests inimical to our own.

Read the whole thing.

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