A local radical ‘winger has gotten on board my McCain/Chavez ticket suggestion, although like most of them, he doesn’t understand it yet. Who’s going to tell Palin the bad news?
Meanwhile, my favorite car site covered the issue and I have hope again for the world, after some relatively right-wing guys came up with comments like:
I’m not a particularly smart guy, but what is the value of exploiting a LOCAL resource when the price is going nowhere but up? If “we” have oil under our territory, and “they” have oil under theirs, shouldn’t we BUY THEIRS now while it is still relatively cheap?
Think ahead 25 or 50 years. If all of “theirs” is gone, but we still have “ours” in the ground, won’t we be WAY better off?
If I were a leader, or somebody who has oil under their feet, I’d hold mine and buy theirs, because mine will be worth orders of magnitude MORE when theirs is gone.
Or am I just a far too strategic thinker for the average American?
This idea the US can drill itself into control of the price of oil makes the Saudi’s, the Canadian’s and Hugo Chavez laugh.
The USA simply does not have enough oil to meaningfully influence the price from a supply point of view.
This will be remain true at any price of the stuff.
Honestly, you’ll do a hell of a lot better on the demand side.
But I guess nostalgia is an even more powerful force than the laws of the nature when it comes to politics.
Some of them get it, at least.