Today’s NYT editorializes: “a country that consumes one-quarter of the world’s oil supply while holding only 3 percent of the reserves will never be able to drill its way to lower oil prices, much less oil independence.”

Read more on Connect the Energy Dots……

Juliet Eilperin, “Bush Pollution Curbs Are Rated Equal to Clinton’s: Science Panel Says Proposed Cap-and-Trade System Will Help Clean Air,” Washington Post, July 24, 2006:

The report from the National Academy of Sciences, released yesterday, represents the latest effort to assess how best to reduce air pollution estimated to cause as many as 24,000 premature deaths each year. The panel concluded that an earlier Bush plan would have allowed pollution to increase over a dozen years, but it found that the administration’s more recent Clean Air Interstate Rule (CAIR) — which targets emissions from power plants in 22 states and the District of Columbia — would help clean the air over the next two decades.

Read more on Environmental News Roundup…

In this week’s commentary, “Transcendence and Obsolescence: The Responsible Stewardship of Oil,” I ask the question: “Why did God create oil?” I raise the question within the context of debates about global warming and the burning of fossil fuels, including Al Gore’s movie An Inconvenient Truth and the work of the Evangelical Climate Initiative.

Read more on Transcendence and Obsolescence: The Responsible Stewardship of Oil…

You may have seen an op-ed in the NYT last week by Tom Friedman, who noted that when oil and gas prices go up, bad things happen in oil producing nations abroad. The tendency is for the oppressive regimes in oil producing nations to consolidate their power and be less responsive to the demands of their citizens when they have the added buffer of huge profits from the sale of oil.

Read more on High Gas Prices are Good…

You may have heard about the debate in Washington that erupted late last week, as Senate Democrats and Republicans sought ways to respond to rising gas prices. According to Marketplace’s Hillary Wikai, the majority Republicans settled on “a $100 gas-tax rebate to be paid for by drilling in Alaska’s Wildlife Refuge.”

Read more on How Do You Spell Relief?…

There’s something like a question of theodicy implicitly wrapped up in the debate about global warming among Christians. It goes something like this:

Why did God create oil?

One answer is that the burning of fossil fuels is simply a divine trap for unwitting and greedy human beings, who would stop at nothing to rape the earth. Another answer is that there is some legitimate created purpose for fossil fuels.

Read more on Oil—The Forbidden Fruit?…

Continuing the discussion of energy usage from yesterday, check out this review in the New York Sun of Children of the Sun (W.W. Norton), by Alfred Crosby, emeritus professor of history, geography, and American studies at the University of Texas.

Read more on ‘A Superb Butler’…

Arnold Kling at the excellent EconLog says that “the government should empty its strategic petroleum reserve and buy energy futures contracts instead. At some point, the futures market has to be taken seriously.”

Read more on Speaking of Oil…

Check out this review of James Howard Kunstler’s new book, The Long Emergency: Surviving the Converging Catastrophes of the Twenty-First Century (Atlantic), which describes it as a “litany around the increasingly fashionable panic over oil depletion.” This paucity of oil will in large part contribute to a future in which “the best-case scenario is a mass die-off followed by a forced move back to the land, complete with associated feudal relations. As the title implies, this is to be an ongoing state rather than a crisis to be overcome – a sentiment that the US critic Susan Sontag described as ‘apocalypse from now on’.”

Read more on Apocalypse Now (and Forever)…