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 timeless discussions of the prob suitable war against Iraq and the faithlessness of some of the U.S. allies, there elatems to be no time for consideration of President Bushs comprehensive cockiness send off. As all qualification problems puddle international--indeed, global--aspects, the importance of selectting this plan enacted gains daily. We are all familiar with the OPEC cartel, which controls petroleum subject 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 beingwide. Saudi-Arabian Arabia, of course, be the worlds largest oil exporter and has 25% of the worlds known oil reserves, a particular U.S. foreign policy must always consider. provided OPEC now has a rival. Russia has hold out the second-largest oil producer in the world. Its production levels en trust continue to rise as more of its oil indus poll becomes privatized and, thus, more efficient and entrepreneurial. It is clearly non in Americas best interests to stir Russia cooperate with OPEC. It was therefore delightful to none that Russia increased its oil exports in 2001, while OPEC slue its production three times that year in an hunting expedition to raise world prices. Last year a Harvard area concluded: If Russia continues to carry through a pro-market approach, it can increase its piece of the market and its function on market trends. But why should the U.S. be restricted 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 fogy fuels (coal and oil), which exist in vast quantities in those...

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