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I'm old enough to remember the oil shocks of the 1970s which also precipitated inflation and strikes. In the first shock President Nixon instituted price freezes which failed to resolve the problem. He left office for entirely different reasons. President Carter responded to the second oil shock by instructing people to lower the heater and put on a wool jumper. That went over like a lead balloon. He later created the Carter Doctrine that states oil will be kept in generous supply by all means necessary. But by then he was already halfway out the door of the White House. Reagan's Morning in America followed. Drill baby drill. Praise the Lord and pass the ammunition. Today we have vague notions of an energy transition away from oil that I suspect is doomed. You can run a perfectly respectable civilization without oil, but it won't look anything like the one we have now. So... En Grève.

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