Monday, August 04, 2008

Obama and Oil Drilling

It was inevitable that Obama would have to come out in support of increased domestic oil drilling.

Gas prices are high, dang it, and fat Americans want to ride in air-conditioned comfort in big ol' SUV's. If you don't get that, then you're not going to be the next President.

Additional drilling will take some of the edge off high oil prices, but it won't change the fundamental dynamic: as more people around the world achieve western living standards, the competion for oil will go up, along with the price.

This is a good thing, because much higher oil/energy prices is about the only thing that can save the planet from humankind.

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