EDITORIAL: Inertia is threatening long-term energy strategies

[OKIsItJustMe]

http://www.star-telegram.com/225/story/1112901.html

Sunday, Dec 28, 2008
Posted on Sun, Dec. 28, 2008

EDITORIAL: Inertia is threatening long-term energy strategies

Is the Energy Revolution, which seemed to have great momentum when U.S. gasoline prices topped $4 a gallon in July, going to be put on a sustained hold?

Could the stunning drop in oil and gasoline prices in the past five months, coupled with the brutal economic recession expected to extend deep into 2009, stunt energy advances and thus make us more vulnerable to unfriendly foreign oil producers in coming years?

The answer to both questions might well be "yes."

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Even those with ultra-deep pockets are affected. Billionaire investor Boone Pickens has postponed a gigantic $10 billion, 4,000-megawatt wind farm in the Panhandle.

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