The U.S. subsidizes some importsand enrages its allies in Europe
The energy debate is turning into a finger-pointing fiasco. While trains and other forms of mass transit choke up with riders and driving in the U.S. declines for the first time in years, Americans go looking for scapegoats. Consumers accuse the oil industry of pushing up prices by holding back supplies. Oilmen blame Washington for snarling them in red tape and overregulation. Congress blames the White House for not providing effective leadership. The President blames the public for not believing that the peril is...