It took political columnist (ex ABC & Nine) Chris Uhlmann to sharpen the point that energy in the economy is the equivalent of oxygen in the air. In his May 4 column in the Weekend Australian, he wrote, ‘Energy is not part of the economy. It is the economy.’ He might as well have repurposed Bill Clinton’s famous quip, ‘It’s the economy, stupid!’ as ‘It’s the energy, stupid!’ is the same thing.