Now that President Elect Obama has selected his Energy Department Secretary, Steven Chu, we should probably look back to learn from history.
Here is what America's first energy secretary says today about energy policy:
"It's a sad characteristic of our society that energy issues get no political attention until prices run up. Then, as soon as prices fall, everything goes back to normal."
(The Wall Street Journal, 12/11/08)
Pictured above with AAEA President Norris McDonald.
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