U.S. Still Needs the President's Energy Plan .

With the headlines and the TV chatterers directing virtually 100% of their time (and ours) to sempiternal discussions of the prob suitable war against Iraq and the faithlessness of some of the U.S. allies, there envisionms to be no time for consideration of President Bushs comprehensive cooking intention. As all qualification problems fall in international--indeed, global--aspects, the importance of pullting this plan enacted growings daily. We are all familiar with the OPEC cartel, which controls crude return in the Middle East, Venezuela, Indonesia and some African countries. In the erstwhile(prenominal) OPEC was able to manipulate and, for a time, control oil prices human racewide. Saudi-Arabian Arabia, of course, stay the worlds largest oil exporter and has 25% of the worlds known oil reserves, a circumstance U.S. foreign policy must always consider. provided OPEC now has a rival. Russia has go bad the second-largest oil producer in the world. Its production le vels ordain continue to rise as more of its oil indus dissect becomes privatized and, thus, more efficient and entrepreneurial. It is clearly non in Americas best interests to read Russia cooperate with OPEC. It was therefore delightful to note that Russia increased its oil exports in 2001, while OPEC slue its production three propagation that year in an hunting expedition to raise world prices. Last year a Harvard area concluded: If Russia continues to utilize a pro-market approach, it can increase its piece of the market and its make up ones mind on market trends. But why should the U.S. be qualified on the vagaries of foreign oil production? With the crisis in Iraq and the increase in political tensions throughout the Middle East, this incredulity has become critical. The main goal of President Bushs comprehensive energy plan is to reduce or eliminate our reliance on fossil fuels (coal and oil), which exist in vast quantities in those...

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