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07-25-2008, 05:06 AM #1
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McCain credits Bush for drop in oil price
I'm all for curbing rising oil costs in the meantime. Doing so would definitely help. But I am not for offshore oil drilling or drilling in ANWAR. I don't believe that would affect oil prices significantly. I think it is a ploy to use the high price of oil to secure leases for the oil industry that would otherwise be out of reach --- it's not about saving you and me gas prices --- it's about securing currently off-limits resources for the oil industry.
Originally Posted by daihashi
dragonrider Reviewed by dragonrider on . McCain credits Bush for drop in oil price Republican John McCain on Wednesday credited the recent $10-a-barrel drop in the price of oil to President Bush's lifting of a presidential ban on offshore drilling, an action he has been advocating in his presidential campaign. The cost of oil and gasoline is "on everybody's mind in this room," McCain told a town-hall meeting. He criticized Democratic rival Barack Obama for opposing drilling on the Outer Continental Shelf. Bush recently lifted the executive order banning offshore Rating: 5
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