Return of the King PDF Print E-mail
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Written by Jonathan Maslow   
Monday, 15 August 2005

And I don’t mean Elvis, Jesus or (Alec) Guiness.

The energy picture in the past two weeks has filled TEI with Huck Finn’s yearning to light out for the woods: In the week after George W. Bush got off the couch at the Texas ranch to sign the National Energy Act, crude oil reached, not one, but four new price records.

Fill ’er up?

The new energy law promises drillin and fillin and livin on good ole King Earl far, far into the future. Well, at least till the Day After Tomorrow. At these prices, you had better count the King in when you do your retirement investment planning. Just the way Texas Congressman and House Majority Leader Tom De Lay done (The Wall Street Journal reported that DeLay owns $100,000 worth of stock in Exxon Mobil). The way Texas Congressman Joe Barton, chairman of the House Energy Committee, done (his oil stocks have risen 800 percent, according to the Journal). The way Mississippi Congressman and House Energy Committee vice chair Chip Pickering done ($500,000 in oil stocks: the Journal).

Barton has become my new guru on energy. Sorry Amory Lovins. Regrets Rene Dubos. You gotta like Barton, a guy who takes campaign money from King Earl, then leads the fight in Congress for the energy legislation that lets the House of Earl keep its crown for another, oh, 10, 20 years. You gotta hold in awe an oil industry lackey, who is investigating climate scientists’ data, and where they get their research funding. Like he’s an impartial expert, right? Really good. And the media of fools buys it with a straight face.

Furthermore, I like Barton because, of all the palaver and ridiculous uber-speak about the energy package from the president on down to newspaper editorial pages, the Congressman from Ennis, Texas, alone came up with the one incisive way to inform public discourse on the whole deal: He called it “a darn good bill.”

Then there was King Fahd’s funeral in Saudi Arabia. A sad affair. A day of mourning. A time to, well…suck up. Saudi Arabia: kingdom of the King. Kingdom of wacky Islam. Birthplace of Osama and the 9/11 martyrs. Home of the whoppin Jihad. And the funeral doings produced the photo flashed round the world: a grip and grin of the Saudi successor, Abdullah, and the American pretender, Prince Dick. And Cheney is gazing over with sly longing at Abdullah, with the slightly open, possibly drooling lips that reminded me of the crocodile glancing at Capt. Hook. We need you, oil man, he seemed to be saying. We depend on your oil more than ever. And we’ll respect you in the morning, too.

Then there’s dirty King Coal. He’s a merry old soul, again. Got the remake he needed in the energy legislation—now known as Clean King Coal—along with a blank check to keep on doin what he do best: rootin and tootin, pollutin and shootin them carbon mollykules into the air. The coughing eagle has landed.

While the Bush regime touted a rosy future for developing Clean King Coal, they went behind Old Europe’s back and negotiated an anti-Kyoto treaty among the world’s top coal producers and users. Take that, France and Germany, and you green wusses in Denmark and Britain. According to this deal with China, India, Japan, South Korea and Australia, we’ll ramp up the King to ramp down climate change. No targets or restrictions on greenhouse gas emissions. No need for any of that junk. Anyway, who’s countin? We don’t need your stinkin carbon permits. We’ll see carbon—it’s the real thing!

And don’t forget little King Nuke. He got plucked from his sick bed, and dusted off to the tune of $2 billion in the energy law to develop a new generation of nuclear power stations the markets won’t invest in, because they don’t believe in them. King Nuke will have cradle-to-grave subsidies, including streamlined permitting, power generation tax breaks, no cares about radioactive waste and full government indemnification in the event of a contretemps, such as a nuclear power station actually going nuclear or Osama and Co. blowin one up and wipin out a city or two. The government backing will prevent those greedy, unscrupulous, litigatin attorneys, mostly Democrats, from suing King Nuke.

No lawsuits, no problem.

So King Nuke is alive and well. And King Coal is back. And King Oil.

The Three Kings. Together again.

Their Kingdom come.

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