We have a unique opportunity to act quickly during this period of lower oil prices. Historically, we have moved on energy policy only in times of crisis, reacting after the damage has already been done.
As members of Congress felt the first effects of the sequester on tarmacs at Dulles and Reagan months ago, they moved quickly to end the FAA furloughs. However, they neglected to act upon the far more serious threat facing the country under sequestration. That threat is an impending R&D collapse.