Why Have Oil Prices Dropped? Ask John McCain
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…
cross-posted at Bring It On!