There was a fantastic article today in National Review Online by Kudlow praising Dubya for putting pressure on Congressional Demos to drop ban on offshore drilling.
Kudlow writes: "Democrats keep saying that it will take 10 years or longer to produce oil from the offshore areas. And they say that oil prices won’t decline for at least that long. And they, along with Obama and McCain, bash so-called oil speculators. And today we had a real-world example as to why they are wrong. All of them. Reid, Pelosi, Obama, McCain — all of them."
Kudlow adds: "Crude-oil futures for August delivery plunged $9.26, or 6.3 percent, almost immediately as Bush was speaking, bringing the barrel price down to $136. "
Interesting that after two years of Democratic campaign promises claiming to "bring down the price of oil" we finally see results at the hand of none other than good ol' number 43 himself (that's Bush to all those of you not keeping track).
This should be good news to Howard Dean and his crew fueling his ridiculously large bus that's schedule to travel across the south for the next month. I'm sure that'll be sure to help the environment and lower bad toxic emissions. What can I say...do as I say, not do as I do....the never ending Demo Mantra.
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To the Victor Go the Spoils
15 minutes ago
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Here's an interesting story from CNN that compares gas prices internationally. The U.S. is actually quite cheap, comparatively. Note the places where gas is the cheapest are places where the government drills for its own oil. It's amazing that we're sitting on ANWR and so many other rich offshore deposits, and yet can't do anything about it.
http://money.cnn.com/2008/05/01/news/international/usgas_price/index.htm
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