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Obama says he may back offshore drilling
Obama says he may back offshore drilling
Replies: 13Last Post Aug. 2, 2008 9:51am by The Economist
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( lally )


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Raw Story: Obama says he may back offshore drilling
Obama says he may back offshore drilling


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7:02 pm on Aug. 1, 2008 | Joined Dec. 2007 | 210 Days Active
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latin muscle


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Good.


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Baron Samedi


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Good.

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iinsurgent


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'may' lol.
Tell it straight, bro.

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LittleItaly

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a wise choice

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They say practice makes perfect. I wish they would make up their minds.

7:02 pm on Aug. 1, 2008 | Joined May 2008 | 165 Days Active
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im with stupid


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Can't he pick one choice or the other? Damn, he is the next John Kerry.

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IndecisiveBitch


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Fuck off shore drilling!

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nigeltheoutlaw


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Great. Now he's flip flopping and pandering. What a different politician for change.

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Drive slow homie.

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Metacarpi


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Good.

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LaMotta


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Respect the man and his choices. Please

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latin muscle


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All politicians "flip flop".
Nothing new.
It is part of politics.


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Afu


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well we need it now

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dragonking


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What we need to do is get away from oil and use different energy sources that are environmentally friendly.  My Dad will be for him if he's for off shore drilling.

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7:12 pm on Aug. 1, 2008 | Joined May 2005 | 1065 Days Active
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The Economist


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This is the second time I've heard Obama's position on energy and have been completely befuddled by the plans he hopes to use to enact new energy policies.

From OP's article:


Democratic presidential candidate Barack Obama said Friday he would be willing to support limited additional offshore oil drilling if that's what it takes to enact a comprehensive policy to foster fuel-efficient autos and develop alternate energy sources.

If we increase offshore drilling, oil prices will drop, and the people's interest in alternative fuels will decline. Why would people want to spend more on an alternative source if oil is much cheaper again?

Mr. Obama seems to me to be forgetting the basics of supply and demand. As the supply increases, the price will drop and more people will have what they need for less.

And if you need an example of this happening before, look no further than the fuel crises of the 1970s. Even though it was a government failure that caused the actual shortages, it still did nothing to scare Americans into being more fuel responsible. Out of the 1970s, we saw the rise of the SUV and other gas-guzzlers.

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9:51 am on Aug. 2, 2008 | Joined June 2008 | 47 Days Active
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