The Fantasy of Energy Independence
50 years ago, America was shocked by gas lines during the Arab oil embargo. The memory still haunts bad energy policy today.
Peter Z. Grossman is professor emeritus of economics at Butler University and the author of U.S. Energy Policy and the Pursuit of Failure (Cambridge University Press, 2013), among other books.
In The New Atlantis
50 years ago, America was shocked by gas lines during the Arab oil embargo. The memory still haunts bad energy policy today.