$8/gallon gas - that is if you can find it.

Following Rahm Emanuel's advice, the Obama administration is certainly not letting the Gulf oil crisis go to waste. The BP catastrophe is just what Obama needed to justify pushing his irresponsible energy policy on a weary nation. Obama wants to stop using fossil fuel in favor of more exotic alternative energy sources. He doesn't seem to know, or care, that there is no alternative energy technology that can meet the current energy demand. His actions suggest that if enough tax-generated government subsidies are applied, the technology will emerge.

His recent visit Smith Electric Vehicles in Kansas City proved to be a dog and pony show to try to convince the nation that his $32 million grant to the firm to produce 500 trucks was well spent. This is a direct subsidy from taxpayers of $64,000 per truck, which, when offered in the marketplace will still cost twice as much as a comparable non-electric vehicle. This comes on the heels of a $2 billion grant to subsidize two solar plants.

So strong is his desire to wean Americans off fossil fuel that he immediately issued a six-month moratorium on drilling in the Gulf of Mexico. The order was issued as a safety precaution even though the 50,000 well holes drilled in the Gulf since 1947 have leaked far less oil than has been released through natural seepage. As tragic and expensive as the BP spill may be, its impact on the economy can't be compared to the loss of oil production from the Gulf.