I don't blog about economics often,* but now is the time.

Steve Antler, whose blog is Econopundit, has an interesting idea on a new approach toward oil and our national energy policy.

Check it out.

Also check out this post Antler links to that discusses what oil shale is, and how it might be processable. Speculation? Sure. But we can dream, can't we?

Hey, I'm not an expert on any of these issues (economics, oil development) and I am certainly not advocating tax increases ... but it bears some thought, no? And Antler's method for stabilizing US oil import prices and providing some funds for domestic exploration is alluring, to say the least.

Note to potential commenters: I'm not ruling out or advocating against renewable energy resources (solar, hydrogen, wind, wave, whatever). I say bring 'em all on. But we're stuck with oil for the forseeable future, so we've got to do something.

* BA, Economics, Northwestern College, Class of '93.