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Tuesday, March 20, 2012

Energy Secretary Chu was Right, US Gas Prices Need to be Higher

Energy Secretary Chu was Right, US Gas Prices Need to be Higher

Why would a president want to bring an eminent scientist like Energy Secretary Steven Chu into government? In the hope, one would suppose, that he would speak truth to power. Sadly, that hope seems to have been dashed in the case of Secretary Chu.  In 2008, before becoming part of the cabinet, he had said that as part of the effort to protect the environment and wean the U.S. economy from its energy addiction, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” But earlier this week, at a…Read more...

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