To: Crocodile who wrote (112822 ) 8/13/2007 10:04:39 AM From: Wharf Rat Respond to of 362853 I'm with you. ===== Consensus Emerges on Energy Foreign Oil Will Be Spurned; Alternative Fuel Is Unclear By GARY SHAPIRO Staff Reporter of the Sun August 13, 2007 In America's highly polarized political debate, a rare consensus is emerging among presidential candidates that America needs to stop using foreign oil and move on, instead, to other energy sources. "Energy independence, I think, is the single most important thing that's going to face us in the next four or five years aside from the terrorist war on us," the candidate leading the Republicans in nationwide polls, Mayor Giuliani, has said. Senator Clinton, who polls indicate is leading the Democratic field, describes her support of policies that would "increase our energy independence, create jobs, and provide cleaner, more reliable energy." Another Democratic contender, Senator Obama of Illinois, has said, "If we hope to strengthen our security and control our own foreign policy, we can offer no less of a commitment to energy independence" than the national effort to defeat the Soviets in space. Mayor Bloomberg, a possible independent candidate for president, in a radio address said, "This constant dependence on oil is something that leaves this country vulnerable every day." Politicians and advocates say that getting America off of imported foreign oil would have a foreign policy advantage by cutting the flow of funds to regimes such as Iran, Saudi Arabia, and Venezuela that are seen as anti-American, un-democratic, or supportive of terrorists. They say it would have environmental advantages by possibly reducing emissions that have been blamed for global warming. And there are populist political advantages in appearing to side with American consumers who are upset by gasoline prices that are sharply higher than they were a few years ago. A goal of total American independence from foreign oil may be too ambitious. A professor of economics at Harvard University, Martin Feldstein, told The New York Sun by e-mail that America would be dependent on imported oil for the indefinite future. Mr. Feldstein, chairman of the Council of Economic Advisors during the Reagan administration and a participant in a recent Council on Foreign Relations on "National Security Consequences of U.S. Oil Dependency," said, "While we cannot eliminate oil imports, we can reduce the volume." Even that would be a sign of a new political and economic landscape that is prompting old-line oil companies to re-allocate their resources and driving new investments in other energy technologies that all have their own drawbacks. Continued 1 | 2 | 3 | 4 |nysun.com