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Condoleezza Rice
Who benefits from the oil crisis?

I agree with op-ed contributor Peter Morici that economic recovery will spur demand for gasoline and jet travel ("Obama's failed oil policy," April 26). However, his idea that the money Americans spend on higher gas and vehicle prices will stay home to create good jobs does not appear to be working out. BP, for example, has posted great earnings. Yet the average American finds climbing gas prices a major challenge that fuels popular demand to drill everywhere, regardless of the consequences for the environment. Mr. Morici claims that expanded domestic oil production won't add to our environmental problems, but that's assuming there's not another major oil...

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