President issues Executive Order on National Resources Defense Preparedness. And of course it wouldn’t be this Administration without the requisite loan guarantees, subsidy payments, and the like. Ignoring the utter totalitarian nature of this, someone ought to remind the Planners about Jimmy Carter’s adventures in synfuels, or the Mineral Management Program in the Post-War era. Here’s a hint: they failed. They failed spectacularly.
File this under the audacity of hope over experience.