Oil field sunset-- not a pretty picture
The upshot, write King and Fritsch, is that "A pessimistic supply outlook from the IEA could further rattle an oil market that already has seen crude prices rocket over $130 a barrel, double what they were a year ago."
I know, I know, just what we in America, land of cockeyed optimists, don't need-- more pessimism.
On the other hand, in my book anyway, unhappy news based on actual facts is not cause for pessimism.
It's cause for action. Just what action is the real question.
That must be answered for all of us by all of those we've elected to wield the levers of power in Washington.
And, yes, I know they're politicians and not miracle workers.
But I am convinced they can do much more than they have and might actually do something more than they have if enough voters applied enough pressure.
And I argue, as always, that the leadership needed to make something happen should start at the top of the Executive Branch-- in the Oval Office where the sign used to say "The buck stops here."
