The Wall Street Journal has a long piece about the prospect of using the state to move part of the U.S. transportation fleet from oil-derived fuels to natural gas. It gives prominent voice to the massive public affairs campaign of T. Boone Pickens, undertaken in the apparent quest for a legacy, locking in subsidized billions for his natural gas fortune as a swansong to a prosperous career.

This campaign takes the form of a bill embraced by ostensible fiscal hawks, causing an uproar and enabling the media to describe the Republicans ‘circular firing squad’, of a base taking umbrage at Members abandoning their pledges of fiscal sobriety at the drop of a billionaire’s phone call. Well played, gentlemen.

The vehicle was not Pickens’ first choice. His first choice was a windmill mandate, transparently pushed by a handful of gas interests, including Chesapeake Energy’s Aubrey McClendon, to put a green hat on their efforts to use the state to displace coal’s market (one of McClendon’s group’s first television ads stated up front, “more wind means more gas”: windmills don’t work that often, so they need ‘backup’ to run wastefully all the time, cycling up and down, and for various reasons inevitably this means gas-fired electricity).

Coal was difficult to budge, what with centuries of it domestically, so some gas folks have been helping the greens’ war against coal for about two decades. This is their latest foray.

And, astroturfers, please hold the mail. I happened to be in the room in 1997 with the American Gas Association, BP, and Enron as they worked with green pressure groups, as radical as the Union of Concerned Scientists as well as more mainstream, anti-coal activists like NRDC, to get a global warming treaty and a domestic cap-and-trade scheme. I couldn’t believe my ears and said so, which in a matter of weeks led to us parting ways.

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So President Obama is meeting in the White House tomorrow with BP’s chairman. The focus of public discussion of this event has been on it taking until the 57th day or so since the Deepwater Horizon rig caught fire following a well explosion, precipitating the ongoing oil leak.

The more relevant figure is 4,700. If my quick calculation has it right, that’s the number of days since the last time a BP CEO was in the Oval Office.

On that day, August 4, 1997, then-CEO, (then-Sir) John Browne, joined by Ken Lay, met in the Oval with President Clinton and Vice President Gore.

Their mission that day? As revealed in the August 1, 1997 Lay briefing memo whiih I was later provided — having left a brief dance with Enron after raising questions about this very issue — it was to demand that the White House ignore unanimous Senate instruction pursuant to Art. II, Sec. 2 of the Constitution (“advice”, of “advice and consent” fame), and to go to Kyoto and agree to the “global warming” treaty.

Oh, and to enact a cap-and-trade scheme.

Oddly, President Obama tonite will telegraph that he’s really going to stick it to BP tomorrow and give ‘em…the cap-and-trade scheme they concocted with Enron (spare me the hysterics, comrades, as I have detailed and explained in various ways here, here and here, I was in the room).

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Here’s something to consider for those who wondered why the usual suspects flew up in arms earlier this week over reports that ‘Circle of Commitment’, countries including the U.S., were seeking to wrest control of the Kyoto revenue mechanism to the World Bank (there’s no such move afoot, incidentally; that was merely an overwrought reaction to said suspects finding something that they hadn’t been allowed to write).

That of course would have implications for the “global carbon offset market” if Kyoto II ropes us in and finally begins chugging down the tracks, next stop “Oil for Food on Steroids”.

Today’s Open Europe press briefing includes the following item (in bold in original):

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The Sarbanes-Oxley Law was rushed through Congress in the wake of an enormous corporate accounting scandal that shook Wall Street and investors across the country. CEO’s and officers at several large companies were found to have “cooked the books”; i.e. knowingly falsified earnings statements to maintain stock prices or propel them higher. The practice came to be known as, Enron-Style Accounting.

The new law had many provisions, but one of its more sweeping was the requirement that corporate officers and executives assume personal responsibility for the accuracy and completeness of financial reports. In some cases, corporate officers could face civil or even criminal penalties if the numbers they reported to the public turned out to be inaccurate.

If only the law applied to politicians.

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Imagine: In the days following the public revelations of the accounting scandal at Enron, then-CEO Ken Lay convened a news conference. He forcefully expressed his disgust with the actions of his subordinates and vowed to begin “cleaning house” at the company. Taking a few turns to slam the company’s critics and the reporters who had uncovered the scandal, he stressed that, this time, there would be a thorough revamp of the company. He even said that people would be fired! Reassured, reporters, lawmakers and regulators shrugged and went back to their daily lives.

ACORN CEO Bertha Lewis and Former Enron CEO Ken Lay

Substitute Bertha Lewis for Ken Lay and ACORN for Enron, in this hypothetical situation, and you’ll have a pretty good idea of what was asked of us at Lewis’ tour-de-force theatrical performance at the National Press Club earlier this week. She alternated between attacking her critics, expressing disgust with the actions of her employees caught on tape by James O’Keefe and Hannah Giles and vowing to pursue a lawsuit against the filmmakers for capturing on film her employees’ misdeeds. Oh, and by the way, she really, really—she means it this time—intends to “clean house” at ACORN.

Washington Post columnist Dana Milbank captured the surreal tableau best:

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