Saturday, August 16, 2008

Oil and Politics

Friends,
Down the rabbit hole.

Peace and Love,
Rev O

Oil and politics Los Angeles Times
As the Democrats give ground on offshore drilling, it's the Republicans who are waffling.

"Washington's fear and confusion over high gasoline prices has come to this: Democratic Party leaders, who have dismissed Republican calls to end the federal ban on offshore oil drilling as a political stunt, have suddenly decided it may not be such a bad idea after all. Yet many Republicans would rather snatch defeat from the jaws of victory than give up a political advantage. Meanwhile, it's unclear whether either party has noticed that the laws of supply and demand are already doing what offshore drilling wouldn't: causing the price of oil to drop."

"Fortunately, there are Republicans standing by to sabotage their own pro-drilling agenda. Some GOP leaders are balking at the Pelosi compromise, ostensibly because it would eliminate subsidies for oil companies. The real reason is that oil drilling has become an important wedge issue in the November election, and they want to keep it that way."

"So be it. If clueless conservatives can block an environmentally destructive and ineffective drilling plan, we're on their side this time."

Oil and politics Los Angeles Times Op/Ed
As the Democrats give ground on offshore drilling, it's the Republicans who are waffling.

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