Friday, August 01, 2008

I just watched John McCain deliver a speach for the Urban League in Fla. Afterwords during the question and answer period when asked about high gas prices he said (and I am paraphrasing here) , " I was just in California and had a meeting with the oil executives and they told me that with off-shore drilling they can get the oil they need into the pipeline to get us off of foreign oil. The price of oil and gasoline will fall very rapidly."

Here is my question. What would be the oil companies incentive to deliver this oil if it is going to drop the price? Why would any company want to make less money? For the public good? Please.

McCain: In the Tank for Big Oil.

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