Sunday, December 13, 2009

Most Controversial Oil Speeches Ever

Recently I have been dwelling on hard data research of the 1970s and early 1980s to gain insight into the oil situation we face today (see Oil 101 Chapter 1).

On April 18, 1977 US President Jimmy Carter delivered his "Moral Equivalent to War" speech (see below) on energy which is viewed as being one of the most controversial energy speeches ever:


(see transctipt here)

A couple of years later, on July 15, 1979, Carter delivered his infamous "Crisis of Confidence" speech:
(see tanscript here)

I am publicly indifferent toward Jimmy Carter's politics except his energy policies.  If you have met me in person recently you will know why being aware of these two speeches is important in understanding our situation today and the effects of government action.
 
Follow @CommodityMD