Luckily, this scenario was part of fictional role-playing game, simulating a White House Cabinet meeting called to address the oil crisis. The mock Cabinet took into account several feasible events, and attempted to address the situation by suggesting a national speed limit of 55 miles-per-hour, restricting Sunday driving, rationing gasoline and dipping into the National Petroleum Reserve. The event was organized by the bipartisan group Securing America’s Future Energy and stressed the vulnerability of the U.S. economy to shocks in oil price.
As we celebrate Hanukkah in our homes, Congress prepares to pass a bill that would help us conserve another kind of oil –– the thick petroleum extracted from the depths of the earth. Similar to the olive oil the Maccabbes discovered, today we have a chance of making a given amount of petroleum last longer –– this time by means of efficiency standards.
At a recent dinner for a global environmental organization, a new