Let Them Drive Teslas, Part II

Posted On Mar 25, 2022 By Addison Wiggin

And thus we come to the moral conundrum facing all of what Bill Bonner has been calling the Enlightened Elite Establishment (EEE). On March 9, two weeks after the Kinzhals started raining down on Ukrainian military targets, and prices for gas, natural gas and oil all starting spooking the administration, Secretary of Energy Jennifer Granholm begged domestic companies to increase production. When pressed about the obvious, the secretary declared, “we can walk and chew gum at the same time” by pursuing both fossil fuel and renewable energy strategies. Fuel for heating homes in Northern Europe this winter seems a tad more urgent than a stick of Wrigley’s while on the way to her next press conference. But what do we know? Although, you have to admit, the answer is a skosh better than suggesting that folks who are complaining about rising gas prices should just “go buy electric cars.” “All these sanctions that people are feeling really good about right now are going to come back and bite us on the hind end.”

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