“[President] Bush, a onetime Texas oil industry executive, declared that 'America is addicted to oil' and vowed to push for alternative energy sources allowing the United States to replace three-quarters of the petroleum now imported from the Middle East by 2025.” (Washington Post, Wednesday)
At root, it's not technology that delivers new products, but free, unsubsidized competition.
FEE Timely Classic
“Planning vs. The Free Market” by Henry Hazlitt