Friday, July 30, 2010

What about the OIL prices?!?!?

I am a registered republican for life, but this time around I am voting for the person who will make it their NUMBER ONE JOB to get these oil prices down, no matter which party. Can anyone reccolect any candidate that will?What about the OIL prices?!?!?
oil is market driven. like corn or wheat. Good luck.What about the OIL prices?!?!?
There is no magical way to quickly drop the price of oil.





Right now the price is high because of declining supply and increasing demand.





If the United States enacted policies to increase supply while also decreasing our consumption we would see a drop in the price of oil.





That can be done but it will require political will and several years.
No.





Oil prices will go up because (a) GWB has effectively destablized the Middle East for the next 10 years, and (b) There is a big increase in demand from India and China.





To stay competitive (and make Oil cheaper) we need to educate our young. This will help keep our economic growth going up. We also need to curtail government borrowing. We need to invest in alternative energy.





Cheap oil is a thing of the past, but the Democrats seem a bit better able to address the future.





McCain has talked up some of the same issue and probably wouldn't spend 8 years with his head in the sand. So he might do OK, provide he can get bipartisan support.
Until the environmentalists let us drill for our own oil to supply our own needs, no one in the US will ever be able to control oil pricing.

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