The Interviewer, Steve Kroft: When the price of oil was at $147 a barrel, there were a lot of spirited and profitable discussions that were held on energy independence. Now you’ve got the price of oil under $60.-- from Shock to Trance energy pattern.
Barack Obama: Right.
Mr. Kroft: Does doing something about energy, is it less important now than….?
Mr. Obama: It’s more important. It may be a little harder politically, but it’s more important.
Mr. Kroft: Why?
Mr. Obama: Well, because this has been our pattern. We go from shock to trance. You know, oil prices go up, gas prices at the pump go up, everybody goes into a flurry of activity. And then the prices go back down and suddenly we act like it’s not important, and we start, you know, filling up our S.U.V.’s again. And, as a consequence, we never make any progress. It’s part of the addiction, all right. That has to be broken. Now is the time to break it.
P.S. More at Climate Progress.
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