Op-Ed: The high cost of oil

The problem, however, is not that the United States has had the wrong foreign policy. The problem lies in the failures of U.S. domestic policies. For 40 years, we have had no effective response to what eight presidents — from Nixon to Barack Obama — have called our addiction to oil. The fundamental problem, of course, is that notwithstanding all the laws Congress has enacted since the oil embargo of 1973, we have still not solved the nation’s energy problems.

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