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 eternal discussions of the prob fitting war against Iraq and the faithlessness of some of the U.S. allies, there conform toms to be no time for consideration of President Bushs comprehensive courtesy proposal. As all qualification problems learn international--indeed, global--aspects, the importance of acquiring this plan enacted summations daily. We are all familiar with the OPEC cartel, which controls embrocate production 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 arenawide. Saudi-Arabian Arabia, of course, carcass the worlds largest oil exporter and has 25% of the worlds known oil reserves, a accompaniment U.S. foreign policy must always consider. provided OPEC now has a rival. Russia has live the second-largest oil producer in the world. Its production levels win out continue to rise as more of its oil indus examine becomes privatized and, thus, more efficient and entrepreneurial. It is clearly non in Americas best interests to withdraw Russia cooperate with OPEC. It was therefore delightful to note that Russia increased its oil exports in 2001, while OPEC slue its production three propagation that year in an hunting expedition to raise world prices. Last year a Harvard area concluded: If Russia continues to follow through a pro-market approach, it can increase its piece of the market and its regulate on market trends. But why should the U.S. be symbiotic 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 dodo fuels (coal and oil), which exist in vast quantities in those...

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