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Wednesday, June 18, 2008

Drilling Himself in the Foot -- Even Oiled up McCain Has No Where to Move

By Keith Schmitz

The president today is going to announce a push on Congress to open up off-shore locations for oil drilling. This is not smart on many levels -- it will take ten years to get black gold, the oil companies will only sell it overseas anyways, the price of oil will drop just pennies, conservation will do us better over the long term.

But unlike Kramer on Seinfeld Bush doesn't do levels.

He is also not doing John McCain any favors. Turns out Barack Obama has a post primary bounce, especially in Florida.

Turns out that bounce may go higher. There are some places where NIMBYism towards off-shore drilling won't play well. Florida is one of them.

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