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Obama Opens the Door to Offshore Drilling
By Jonathan Weisman
ORLANDO, Fla. — Sen. Barack Obama suggested he could accept an expansion of offshore oil drilling today if it is in a broader package of energy measures that would free the logjam on energy bills in Congress.
"My interest is in making sure we’ve got the kind of comprehensive energy policy that can bring down gas prices," Obama said in an interview with The Palm Beach Post.
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Posted by bruni
on August 28, 2008
Why is it that you love oil so much and want to push so hard to bring in more oil? I don’t see you pushing for alternative energy research and merely state "nuclear is the answer" when it’s plainly clear that it isn’t. So what are you planning on doing when you’ve been pushing oil so hard and it turns out that we won’t have a drop of oil for 10-15 years?
If we’d stop subsidizing damn corn and ethanol so much, maybe alternative energy would move a little faster. Then food prices would start going down and the price of a pizza will be back to normal
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Posted by bruni
on August 26, 2008
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Obama’s ‘emergency’ economic plan
By:
August 1, 2008 10:53 AM EST
Sen. Barack Obama (D-Ill.) on Friday announced an “Emergency Economic Plan” that would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil.”
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Posted by bruni
on August 19, 2008
The oil boom will give Iraq a surplus of nearly $80 billion (42 billion) by the end of this year, a US agency has concluded, raising the political pressure for a cut in American spending to help the country to recover.
High oil prices will soon give the Iraqi Government a pot of $79 billion in unspent funds, the US’s Government Accountability Office (GAO) projects in a new report to Congress. It adds that nearly $10 billion has been sitting in a US bank in New York because the Iraqi Government has been so slow in spending funds on reconstruction.
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