Energy Mercantalism Revisited

I noted a few months back Russia's energy nationalism as a harbinger of the end of "free market" fundamentalism (The End of Neo-liberalism and the New Energy Mercantalism). More recently Hugo Chavez has raised the flage on what was Venezuela's last privately run oil field.

Yesterday, finally, George responded to these dramatic developments. Yes, George has got a word for these kind of people: terrorists. According to today's White House Watch (see Dan Froomkin), Cox News Service reports on George's appearance before the Associated General Contractors meeting in DC. George said:

"...'You can attack a nation several ways. One, you can get 19 kids to fly airplanes into buildings, or you can gain control of something a country needs and deny that country access to that, in this case, oil, and run the price of oil up, all attempting to inflict serious economic damage.'"

Frightening stuff. We now know where the twins will not be going for spring breakk 2008.