8/4/2008

Two Crucial Questions for Obama

I see that today, less than a month after Senator Obama told us he was against tapping the nation’s strategic oil reserves, he is now telling us he’s for tapping the reserves.   A major flip-flop, and one that he is trying to cover by accusing Senator McCain of being unduly influenced by “big oil.”

The problem is, right now, most Americans wouldn’t mind seeing “big oil” doing some more drilling.  Bigger oil, it seems to me, would translate into smaller prices at the pump.  This is basic economics, the law of supply and demand, which Democrats do not seem to understand.

Ironically, Democrats continue to tell anyone who will listen that, when President Bush came into office, gas was just $1.50 per gallon. Fair enough. So why not let oil companies drill for more oil to move gas prices down again? And if oil companies truly are against drilling, why is it necessary to keep a congressional moratorium on drilling in place?

Two questions for which I would love to hear an answer.

Said David @ 2:27 pm Comments/Trackbacks (0) | Permalink
Filed under: Media , Politics , Technology   


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