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By Richard Fernandez

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August 13, 2008 - 1:49 pm - by Richard Fernandez
Fletcher Christian
2008-08-13 14:48:31

Everybody here seems to be ignoring the indirect approach to this problem. Everybody agrees that the whole issue is fundamentally about control of oil and gas supply and distribution, right? (Incidentally, that matter makes global terrorism worse as well.) So work around it.

The speech might go something like this:

“Certain countries have proved themselves unreliable and not to be trusted. It is no secret that the industrial countries of the world need energy. Therefore, starting right now, the laws banning exploitation of oil resources in the Alaskan North Slope and the Gulf of Mexico are repealed. Furthermore, there is now on offer a prize of $10 billion for delivery of one million barrels of oil from shale deposits in a one-month period. Furthermore to that, there will be research grants of $500 million for electrostatic-confinement fusion, and further prizes; $1 billion for 1 gigawatt of power from ocean thermal, $1 billion for one million barrels of oil from closed-circuit algae culture equipment, $1 billion for one GW from wave power generation, $10 billion for 1GW of power delivered to Earth from a station in outer space. I have complete faith in the ability of American industry to deliver these things, given the incentive. The starting gun has been fired, ladies and gentlemen. To the victors go the spoils! But the free countries of the world will be winners also, whoever wins the race!”

I just hope that there is someone of vision enough to deliver such a speech.