Thursday, July 25, 2013

Why Energy Independence Is A Dumb Idea

Economists and politicians in the US like the idea of energy independence.  Charlie Mugar who runs Berkshire Hathaway with Warren Buffet tells us that this is a dumb idea.  We should be saving our energy reserves for a time in which they will be more needed and more expensive.  We should be investing in green energy technologies in the meantime.  Mugar tells us that free market ideas are always the best ideas. 

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