McCain makes strong case for drilling for oil

John McCain came out swinging for the fence today (Monday). He said the federal moratorium on offshore oil and gas drilling put in place by the Democratic party, should be lifted, and individual states given the right to pursue energy exploration in waters near their own coasts.

With gasoline prices rising and the United States chronically dependent on foreign oil, the Republican presidential candidate said his proposal would “be very helpful in the short term resolving our energy crisis.”

McCain also suggested giving the states incentives, including a greater share of royalties paid by companies that drill for oil, as an incentive to permit exploration.

Asked how far offshore states should be given control of drilling rights, he said that was a matter for negotiation.

He offered no other details for his proposal, which he is expected to describe more fully on Tuesday in an energy speech.

The current drilling moratorium is a socialist/Democrat, Big Brother rule, pitting those who favor additional exploration on the one hand against Marxists on the other.

The current ban on offshore drilling covers an estimated 80 percent of U.S. coastal waters. Given Democratic opposition in Congress to ending it, the Bush administration and congressional Republicans have been seeking the type of state option that McCain endorsed.

The GOP presidential candidate said a recent run-up in the price of oil was having an adverse effect on consumers.

“We’ve seen the impact of it in the form of food prices, in the form of gasoline, in the form of threats of inflation and indeed indications of inflation, and we must we must embark on a national mission to eliminate our dependence on foreign oil,” he told reporters. McCain has sought to carve out something of a middle road on energy issues, parting company with many Republicans by opposing drilling in the Arctic National Wildlife Refuge in Alaska, for example and calling for measures to reduce greenhouse gases.

The Senate last month rejected a GOP energy plan, 56-42, that included a provision similar to McCain’s proposal. It would have allowed a state’s governor to petition to have the federal moratorium lifted for waters off its coast. Republican senators argued there are some 14 billion barrels of recoverable oil available in waters now off limits. Also, the House has twice approved giving states the right to opt out of the federal ban, both when the GOP held the majority, but the proposal has never made it through the Senate.

McCain is in Dallas tonight for a pair of pair fund raisers,

Obama will not be able to respond. He is out of touch with economic issues.

Meanwhile, Al Gore finally endorses Obama. Wow, that’s sticking your neck out!

Obama already had the nomination locked up for a month. Can you see what kind of spineless, witless puppet Gore is?

He was waiting for marching orders from the Clintons. What do you think?

Would you buy a Dell computer from that man?

 

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2 thoughts on “McCain makes strong case for drilling for oil

  1. The day after America starts drilling again, the price of oil on the world market will start to fall.
    You are ahead of the pack again, Mick!

    And the kings of oil are pumping again.

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