Crude reality – The Boston Globe
“Auerswald, who has grown frustrated by the lack of response to his own research on this topic, said that the problem is that the fear of Middle Eastern oil shocks is now politically useful to a whole spectrum of powerful interest groups. “This argument is like the familiar old jeans of American politics,” he said. “They are nice and cozy and comfortable and everyone can wear them. Because of ethanol, the farm lobby loves it; for coal, well it’s their core argument; for the offshore drilling folks, they love it.” Even the environmental movement relies on it, he said, because they use it as bogeyman to scare Americans into taking renewable energy and energy conservation more seriously. As for the US military, “The US Navy is not interested in hearing that one of their two main theaters of operation has no justification for being,” Auerswald said.
The costs to US foreign policy, of course, cannot be calculated in dollars and cents alone, although certainly the cost here has been very high. But it looks even higher when one considers the lost opportunities and squandered chances — what we could be achieving if we weren’t so concerned about a threat that looks increasingly like an illusion.”