Bring It On!

Why Have Oil Prices Dropped? Ask John McCain

July 23rd, 2008 | by Tom Harper |

OK, enough snide comments about John McCain being a senile old man with a quick temper and a shady past. His grasp of cause and effect is just uncanny. While everyone else is coming up with wacky theories about why oil prices are decreasing, McCain hit the nail on the head.

President Bush has single-handedly caused the decline in oil prices. And how did he do it? By lifting the presidential ban on offshore drilling. You go Dumbya!

As you know, it’s completely meaningless for Bush to lift the White House ban on offshore drilling. In order for any offshore oil exploration to begin, Congress has to lift their ban on offshore drilling. And that ain’t happening. Democrats control the agenda in Congress, and they aren’t about to let that volatile issue come to a vote.

So it means absolutely nada — zilch! — for Bush to lift the White House ban on offshore drilling. (It was Bush Senior who put that ban in place eighteen years ago.)

McCain said the “psychology” of lifting the White House ban has affected the world market.

Isn’t this great? Do you realize what this means??? Just think of the incredible implications of McCain’s revelation. We don’t need to drill for oil any more!. All we have to do is say we’re going to, and — Presto! Lower prices!

OK, I’m going to solve this ridiculous energy crisis right here and now. I’m going to hire an army of bulldozers and we’re gonna go plowing into that F#$%!# Alaska National Wildlife Refuge with a vengeance. Rip those Goddamn polar bears and bald eagles out of the way and start drilling!

Let’s see, has the price of oil started plummeting yet…

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  1. 4 Responses to “Why Have Oil Prices Dropped? Ask John McCain”

  2. By steve on Jul 24, 2008 | Reply

    Oil prices dropped because demand dropped.

  3. By manapp99 on Jul 24, 2008 | Reply

    This is not unlike President Obama giving the Democrat congress the credit for the turnaround in Iraq:

    “Sen. Barack Obama’s absurd claim that it was the Democrats’ winning control of Congress in November 2006 that led to the turnaround in Iraq’s Sunni Anbar province:

    “I welcome the genuine reductions of violence that have taken place, although I would point out that much of that violence has been reduced because there was an agreement with tribes in Anbar province - Sunni tribes - who started to see, after the Democrats were elected in 2006, you know what, the Americans may be leaving soon, and we are going to be left very vulnerable to the Shias. We should start negotiating now. That’s how you change behavior.”

    http://www.nypost.com/seven/01092008/postopinion/opedcolumnists/obamas_obscene_iraq_fantasy_175583.htm?page=0

  4. By Lisa on Jul 24, 2008 | Reply

    Didn’t Nancy Pelosi say the violence dropped because of the Iranians and now Wesley Clark is saying it’s because of the Saudis or is he just bitter he got fired from NATO.
    I just wish they would get together and get their stories to match.
    So actually the moral of this story is “The Surge Worked” .
    But let’s not credit the troops because they support them.
    Let’s see if Cde Pink is going to be there giving the troops a hero’s welcome when they finally do come home. Because they always say they want us to bring them back.

  5. By mike on Jul 25, 2008 | Reply

    Either oil speculators can affect the price of oil, or they cannot. You can’t demonize them when the price goes up, and then scoff at the reasons fro the price to go down.

    Oil speculators buy oil on the assumption that the price will go up. Prices go up when there is increased demand and decreased supply. By knocking one of the many roadblocks to increasing supply (The Executive ban), we are one step closer to it. So, some oil speculators sold off, thereby causing the price to go down.

    It is really quite simple

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