Here’s a letter that I sent yesterday to USA Today:
Concerned that oil is nonrenewable, Tim O’Neill wants government to
"Rally the nation to find a way to reduce dependence on oil" (Letters,
July 25). This advice, alas, is at best redundant. The market itself
is "rallying the nation" on this front. Oil’s higher price reliably
inspires consumers to use less of it and, simultaneously, prompts
entrepreneurs to search for alternatives. And the higher this price
rises, the stronger these inspirations become.
Any further
"rallying" by government would not only be overkill, it would risk infecting a natural market process with the poison of politics.



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