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Just to be clear, if clarification is needed:  I am not advocating more taxes for the purpose of encouraging conservation.  If anything is capable of making a problem worse, it is any of the possible roles of government.  I am also not advocating so-called energy independence.  I believe that this concept appeals to those who do not understand supply and demand.  The implication is that is somebody like OPEC holds all the oil, then we have to dance to their tune and pay what they demand.  But OPEC needs us as much as we need them in this seller/buyer equation.   Certainly, if we could produce our own oil cheaper than getting it from OPEC, we should.  Even if we produced oil at the same cost of OPEC oil, it would add to the overall supply, and drive OPEC's price down.  The world oil price is based on supply and expectations of supply.  If our congress, today, announced approval of drilling in ANWR for instance, the world price would drop today, before the first drill bites the ground. In my opinion, the worst thing we could do is embrace alternate fuels at a higher cost, just for the sake of being energy independent.  This is the so-called "homegrown" appeal of ethanol.  Its advocates like to tout the fact that homegrown fuel means that our money stays in the U.S., as if that is analogous to the virtue of a thrifty person who can hold onto his money.  I predict that this ethanol craze will quickly become a monument to how to make a problem worse.  The only plus side is that it may take a monument to drive the point home.
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