I’m generally not into government intervention in private industry but in extraordinary times it’s often warranted. Maybe time for the Admin to meet with the industry leaders and see if there’s anything the Fed’s can do to speed up production. After spending the last two years declaring war on the industry a change of tone is needed.
As much as increasing supply, we should be endeavoring to temporarily unneccessary demand. It needs to be handled similar to how we would handle production during an actual war. Herbert Hoover was the man in charge of the US food administration, which existed from 1917-1920 in WWI and actually did a great job in that position. We probably need a US energy administration for the foreseeable future.
The
United States Food Administration (1917–1920) was an independent Federal agency that controlled the production, distribution and conservation of food in the U.S. during the nation's participation in
World War I. It was established to prevent monopolies and hoarding, and to maintain government control of foods through voluntary agreements and licensing. The agency was established by
Executive Order 2679-Aof August 10, 1917, pursuant to the
Food and Fuel Control Act, and was abolished by
Executive Order 3320 on August 21, 1920.
Herbert Hoover was appointed to serve as Food Administrator.
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Some things might be as simple as having national carpool days, or even local transportation holidays like the Netherlands did with their car-free Sundays during the 1950’s Sues crisis.
I know most people don’t want to make sacrifices, but if we actually want to seriously support our allies and ensure that our country succeeds long term, some communal sacrifices should probably be made. This has become a shadow war.
