Could expensive oil be good for America?
Could expensive oil be good for America? / Michael Levi, Energy, security and climate, 9/11/2011
A basic disagreement lies at the root of many of today’s most heated energy debates: some people think that expensive oil is bad for the United States, while others think that it’s good. One side asserts that the economic benefits of cheap oil outweigh all else, while the other insists that the environmental and other damages stemming from inexpensive oil are clearly paramount…