Holy time warp, Batman! Kissinger and Feldstein are urging adoption of Carter’s energy policies!

Henry Kissinger and Martin Feldstein today urged the US and G-7 to adopt the security threat analysis and the energy policies of the Carter Administration.  We'd be in a better place now if they had done these things 3 decades ago when they were in charge. 

Kissinger was National Security Advisor and Secretary of State during the Nixon/Ford Administration, when we had the first oil crisis. Federal policies arising out of that included Corporate Average Fuel Economy standards and creation of the Strategic Petroleum Reserve, plus some trivial and/or counterproductive measures like crude oil price controls, gasoline rationing, the 55 MPH speed limit, right turns on red, year round daylight savings time, and the "Don't be fuelish" PR campaign.

When Jimmy Carter was elected, he pushed through all of the most significant energy policy initiatives and legislation that were intended to put the US on the road to energy independence. But President Reagan undid, or failed to fund and advance, most of those policies. Feldstein was Reagan's chief economic policy advisor.