April 07, 2005
Hubris or Energy Policy?
CNN.com reports that a couple of congressmen are crafting legislation to extend day light savings time by two months - from March to November.
I am a big fan of daylight - especially when I get home from work - but does Congress really need to spend its time on this?
Does the issue satisfy marginal benefit = marginal cost?
The more daylight we have, the less electricity we use," said Markey, who cited Transportation Department estimates that showed the two-month extension would save the equivalent of 10,000 barrels of oil a day.
The country uses about 20 million barrels of oil a day.
Such Congressional action will save .05% of daily oil consumption? I doubt it.
Posted by Craig Depken at 11:52 PM in
Politics
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