The Macondo oil well blowout in the Gulf of Mexico is about to spur a bureaucratic overreaction that will ruin America's chance at becoming an energy exporter.
Chaos and randomness abound. The increasing disorder of our world will lead to a sort of global ennui mixed with a disturbingly large dose of individual extremism and dogmatic posturing by states.
On August 14th, blackouts crippled the Canadian province of Ontario and the eastern United States, making it the largest power failure in American history: over 50 million people and more than 9,300 square miles were affected.
It’s en vogue to say that the magnitude of America’s energy problem makes it insurmountable. But one solution would go a long way toward shoring up our economic, as well as strategic, position: nuclear energy.
Who doesn’t want to know whether the Dow will close above ten thousand at year’s end, whether the Saudis can maintain their oil production, whether China will rise and Russia will fall, or whether a new dictator lurks in the Middle East?
