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Media Obsession with tiny changes in the cost of gas signals reckless U.S. energy policy

Here’s the headline: “Gas prices drop nearly 3 cents in last 2 weeks Survey: U.S. avarage now at $2.75 a gallon.”  

And here’s the lead paragraph:

The national average price for gasoline dropped about 2.9 cents over the last two weeks, according to a survey released Sunday.

These sorts of headlines (they are common) are symptoms of a society horribly addicted to a fragile supply of a dwindling resource.  Ours is a society that could be brought to its knees by the shutdown of one refinery, or the intentional sinking of one oil tanker.

We should be quickly moving to a new economy where a 1% change in the cost of an energy source causes nothing but a yawn.  Unfortunately, there is no indication that any American politician “gets it” that we should be implementing any such changes.

Yes, we have a reckless energy policy.  A reckless, feckless, energy policy.

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