Wednesday, July 28, 2010

Do you agree with John McCain that Bush should get credit for the reduction in the Oil prices because of his?

insistence that the US now start drilling in our off shore and Alaska oil fields?





If Bush deserves any credit for this should not he also be faulted for not getting to this plan eight years ago when he took office?Do you agree with John McCain that Bush should get credit for the reduction in the Oil prices because of his?
Not one bit. How did that put more oil in supply RIGHT NOW! It's all lip service to ACT like they're doing something for the 'working man'. The truth is that Bush is raking in MILLIONS while the price of oil is inflated. What's his incentive to do anything? It will be YEARS before one drop of oil is added to the supply, so this is NOT an effective option. We need to CUT reliance on oil, not add more oil. You'd think we would have learned our lessons three decades ago, but apparently not. We can't even learn a lesson the second time around apparently.





Edit: To Thor: Your logic train of ';if he's blamed for the increase then he's credited for the decrease'; is seriously flawed. That would be like saying ';if you blame the arsonist for starting the fire, then he must get credit for putting out the fire when it's over';. It's like an ostrich, it doesn't quite fly. He IS to blame (not solely, but largely) for the increase, but the decrease is credited to MANY factors... NONE of which is the result of something W did.Do you agree with John McCain that Bush should get credit for the reduction in the Oil prices because of his?
The oil companies were given over 60,000,000 acres in both Alaska and off shore years ago with full permission to start drilling and they have yet to sink a single well. Why give them more, and in a wildlife preserve at that, when they refuse to pump the oil to which they already have access? Additionally, Bush doesn't have the power to authorizes anything of the kind, that power with Congress, and neither he nor the Republican Congress which backed his Iraqi adventure have made any effort to get them to work for his entire term in office, so any credit for increased oil production will have to go to whomever makes someone actually start developing the fields.
It has nothing to do with what Bush said about drilling.





It is well-known that drilling off the coast cannot provide oil anywhere near the time frame that futures traders operate in.





The price of oil has more to do with the saber-rattling going on over Iran, anticipated and real interruptions in refinery capacity, and of course expected demand in the near term.
I don't think any president either deserves blame or credit for oil prices. Prices are determined by so many factors. But high oil prices are mainly a factor of demand from emerging economies like China. Ther's only so much to go around.





As for Alaska.....yes I say drill. I read they only need 2000 acres out of 18 million in ANWAR. I think the carribou can handle that.
If you're stupid enough to blame him when it goes up, you get to credit him when it goes down...if you're not a complete whiney a-sore that is.
Yes he should be given credit and be held accountable. Good with the bad.
No.
McCain and Bush are two sides of the same coin... Yes I agree with McCain!
no-not at all

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