
ENERGY ISSUES
Time local leaders take on problem
Since the first of the year, the price of crude oil has risen by more than 30 percent (after a 60 percent increase in 2007.) The question of how best to respond to this precipitous rise in energy costs is not a simple one. We could look for someone to blame, I suppose. (Big Oil? Congress?) There is surely some degree of market manipulation and exploitation taking place. But from an economic system that is driven by the twin demons of fear and greed, while completely lacking a moral compass to guide it, what should we expect?