Last night, President Bush unveiled what he calls his “20-by-10” plan, a program that he claims would reduce America’s gasoline consumption by 20 percent within 10 years. You can find my critique of the alternative fuels madness that he proposed last night here, a more thorough critique of ethanol subsidies in general here, my complaint with his $60 billion plan to massively expand the Strategic Petroleum Reserve here and here, and a call to dismantle — not revise — federal automobile fuel efficiency standards here.


By the way, you know that a plan was dreamed up by politicians and pollsters — and not by, oh, anyone who knows what they are talking about — when the numbers are nice and round with a catchy ring to them when put together.