Friday, June 20, 2008

Obama Wants Change?

Unless, change might bring down the price of gasoline, in which case, Obama wants to change back to the status quo!

Jonah Goldberg notes:
We didn’t hear applause from Democrats this week when President Bush “reversed” his “longstanding position” (in the words of the New York Times) on offshore drilling.


Uh, excuse me, but wouldn’t that constitute a “change”?

Nearly 30 years ago, Jimmy Carter’s windfall-profits tax kicked in, making domestic oil exploration more difficult and expensive. In 1981, Congress passed a moratorium on offshore drilling that has stayed in place ever since. In 1990, the first President Bush signed an executive order reinforcing the ban on coastal oil exploration. And, until this week, the current President Bush supported the ban.


So, the advocates for “change” should have been doing backflips when he abandoned his “failed policy of the last eight years“. Right? Right? Anyone??


…Despite enormous improvements in extraction technology, the amount of oil produced domestically in America went down in the last eight years. It went down in the 1990s. It went down in the 1980s. In fact, it’s been trending down since the 1970s, back when Barack Obama’s “new” ideas seemed fresh coming from Jimmy Carter. Today, we produce about as much domestic oil as we did in the late 1940s, even though we keep finding, but not utilizing, more proven reserves


Maybe “drilling our way out” of this situation is the only viable alternative. We surely won’t know until we try!

Cross Posted at Say Anything

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