Addicted to Oil: Part One

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The price of gas will top the agenda when President Bush sits down today with Saudi Crown Prince Abdullah. President Bush is hoping if the Saudis increase production, prices at American pumps will fall. Right now, drivers are paying about $2.30 a gallon and there’s no end in sight as the summer travel season approaches.

The New York Times columnist Tom Friedman says the problem with gas prices is not that they are too high — but that they are too low. Set them at $4.00 a gallon and then you will see Detroit changing its ways he says.

It’s not just the price of gas; but the future of democracy in Arab countries, and the economic fortunes of people here, Friedman says, that hinge on whether this country decides to get serious about conservation.

Guests:

Tom Friedman, three time winner of the Pulitzer Prize, foreign affairs columnist for The New York Times and author of “The World is Flat: A Brief History of the Twenty-First Century”

Robert McFarlane, former National Security Advisor under Ronald Reagan and Chairman of Energy and Communications Solutions, an environmental policy firm in Washington, DC.