Battlepanda: In which I agree with Jane Galt


Always trying to figure things out with the minimum of bullshit and the maximum of belligerence.

Wednesday, May 10, 2006

In which I agree with Jane Galt

Wow. I actually agree with Jane Galt that this post by Michael O'Hare is particularly sensible. Maybe we'll switch to a flying-pig powered economy to get out of our energy crisis.
As a piece of social policy, one has to wonder about the wisdom of slapping a big tax on the only people who are providing any of this oil we want so badly. One doesn't even have to wonder about the whole concept of all the schemes to make oil less expensive; did the demand curve for petroleum suddenly tilt the other way while we weren't looking? One more time, what's the logic of subsidizing domestic production and exploration: is there some prize for being the first country to use up its petroleum?

Emphasis mine.