End All Energy Subsidies Now! (Ronald Reagan remembered)
By Greg Rehmke -- June 13, 2024
“We have long discovered that nothing lasts longer than a temporary government program.” (- Ronald Reagan)
In the 1970s – fifty years ago now – The Energy Crisis jolted the U.S. economy, causing shortages and long lines at gas stations. In response, various federal energy policies and programs were passed. And as the decades passed, layer-upon-layer of new federal energy programs and regulations were added, then extended and expanded.
The energy crisis is decades past, and technology advances in oil and natural gas drilling have yielded booming supplies, allowing the U.S. to become a major oil and natural gas exporter. So maybe it is time (or past time) to “push the button” to end the dense and expensive thicket of federal energy market interventions (including subsidies and mandates for wind, solar, ethanol, electric vehicles, plus fuel economy standards).
Ronald Reagan, before he ran for President, had a popular radio program featuring three-minute addresses on key public policy issues. Some of these were written by speechwriters, and others Reagan wrote himself. Below are the two pages, in Reagan’s handwriting, of Economic Fairy Tales.
https://www.masterresource.org/free-market-energy-overview/end-all-federal-energy-subsidies-mandates/
