Oil reality

To the editor:

Charles Krauthammer engages in a one-sided rant against President Obama and his initiatives (Journal-World, June 18).

Krauthammer probably has much of his portfolio invested in oil stocks.

“Obama is all about vision, not reality.” Krauthammer could change this to: “Bush was all about vision, not reality.”

Do you remember “The American Century,” the vision that the United States would dominate our enemies, ignore time-honored conventions, and push “allies” into line if they disagreed? Secondary themes were oil, cutting taxes for wealthy and deficit spending. Someone recently stated, “If Iraq had no oil, Saddam Hussein probably would still rule Iraq.”

What about Obama’s vision of green energy with job creation? Renewables don’t match the efficiency of oil. However, as demand for oil increases (both the United States and China expect to import 65 percent of their oil in five years) the price will go up. Remember $4 gasoline? How about $5/gallon in a few years? When efficiency is measured in dollars, renewables will look much more like good sense — a vision that takes likely future conditions into account.

China is already ahead of other countries in production and installation of renewables. Krauthammer doesn’t know how we can get to a green future. U.S. corporations are doing right well developing and installing green energy technologies, already.

Oil will become increasingly expensive from competition for it — even more expensive when including the cost of armed forces to keep it flowing.

Seems that Krauthammer is the one not in firm touch with reality!