Last week, President Obama said there was no silver bullet to solving the problem of rapidly rising gas prices and he mocked the idea that anyone has a plan to get us back to prices around $2.00 per gallon. Diana Furchtgott-Roth isn’t promising two dollar gas but she she categorically rejects the idea that there is no way to bring costs down in short order. Furchtgott-Roth is a former chief economist for the U.S. Department of Labor and is putting forth a six-point plan for bringing oil and gas prices down quickly. Furchtgott-Roth explains we’re in this mess and why she believes aggressively increasing our supply of domestic energy should be at the top of the agenda. She discusses specific and general policy goals to achieve it. She also explains why we ought to wean ourselves off ethanol mandates, why greater flexibility with fuel blends is a must and why forcing oil companies to pay higher taxes is a prescription for disaster.
Archives for February 27, 2012
Bracing for A Nuclear Iran
Experts disagree on how close Iran is to a nuclear weapon, but most agree such weapons and a competent missile delivery system would be a horrific combination. Assuming diplomatic efforts fail to prevent the Iranians from developing nukes, retired U.S. Navy Captain Randy Duncan says effective missile defense is our best option. Captain Duncan says President Obama is not doing what’s needed to protect us and our allies and is actually degrading our missile defense capabilities. Duncan explains what steps are needed to keep us one step ahead of the Iranians and what the future of the program ought to look like.
Three Martini Lunch 2/27/12
Greg Corombos of Radio America and Jim Geraghty of National Review like new polling numbers showing President Obama’s approval numbers in decline. They lecture Chris Christie on making statements about being recruited to join the presidential race. And they discuss the politics of the Oscars and the waning influence and popularity of Hollywood.