The Defense of Rationalism

Dear Senator Sessions and Staff,

As full or part time residents of Washington, DC I’m sure you are aware that oil and gasoline prices are getting well out of hand. Their effects on diesel prices are especially troubling due to their seemingly inescapable effect on the prices of groceries and other necessary items. It seems that the only folks prospering from the dramatic increases of late are the major American oil companies who are obviously interested in maintaining the status quo. As far as I know, the costs associated with drilling a barrel of oil have not risen nearly as fast as the price of a barrel of oil. While the House of Saud — a notorious hotbed of human rights violation and support for Islamic terrorism — and the remnants of Standard Oil experience record profits, middle and low income Americans are experiencing a pinch not felt since the 1970s as a direct result of skyrocketing oil and gasoline prices. While I generally have faith in the market, this seems to be a clear instance where the market has failed. Where profits are increasing, the market mandates a maintenance of the status quo. In the tradition of John Maynard Keynes, this is a clear (and rare) instance that demands immediate government intervention in the economy.

Yet it seems our own government has not demonstrated an interest in addressing what appears to be a burgeoning crisis. Tax holidays and a reduction in contributions to the Strategic Petroleum Reserve (a move I’m not so sure I agree with) have been promulgated by Democrats but Republicans seem to have been silent on the issue. As a former intern in your Washington office, I know you had an LA devoted to energy issues; what ideas have you and your staff come up with to address this issue? Your fights against illegal immigration and child pornography have been admirable but I and most of your constituents need you to address this pressing economic issue.

It seems that the heart of the issue involves a stagnating supply (as well as controlled production by OPEC nations) and ever increasing demand. We need to find a viable and widely available alternative to fossil fuels. Hydrogen fuel cells are among those most viable options though there are issues associated with infrastructure development and the process of extracting hydrogen from water. It seems that the government should sponsor major research and development programs to rapidly produce and deploy hydrogen fuel cells as a viable, cost-effective, and renewable alternative to fossil fuels and reliance on the House of Saud and Hugo Chavez. In the meantime, it seems that we ought to open the flood gates of oil in order to reduce prices in the interregnum. ANWR should be opened alongside offshore fields in the Gulf of Mexico and other areas.

Senator Sessions, this issue affects every single one of your constituents. I’m sure I speak for nearly all of them when I say we need you to spearhead efforts to get this burgeoning crisis under control.

Thanks for your time,

Joshua Reif

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This entry was posted on Wednesday, May 28th, 2008 at 12:05 pm and is filed under Energy, Alternative Fuels, and the Environment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.