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Echoes and Mirrors» Blog Archive » No wonder our fresh-faced college graduates back-packing across Europe have Canadian flags pinned to their gear

No wonder our fresh-faced college graduates back-packing across Europe have Canadian flags pinned to their gear

From TMV:

No sooner do I write a column defending Barack Obama from an unjust and, frankly, nonsensical attack, than I see him getting ready to slit his own parachute lines on energy again.

Obama: Tap nation’s oil reserve to help gas prices

LANSING, Mich. – In a reversal, Barack Obama proposed Monday that the government sell 70 million barrels of oil from its strategic petroleum stockpile to help reduce gasoline prices.

The Democratic presidential candidate said in a major energy speech that in the short-run the move could help drive down gasoline prices that now top $4 a gallon.

Do I really need to explain this? Where did you pull this one from? Straight out of Nancy Pelosi’s office? (The House leader who is nearly ready to drown in an oil slick of her own making, as I read the cards.) The strategic oil reserve is there in case of an actual Oh-My-God, yes The Sky Is Really Falling emergency, such as a full embargo from the mideast and Venezuala at the same time, or a military strike on all of our refineries just after a hurricane hits our platforms. In short.. when there IS NO OIL.

Considering that there is no physical shortage of oil, the only way we would run out is if we pissed in their cheerios again.

But the price of oil is dropping, and the price at the pump is below $4 now. It kind of hurts to actually be happy about it, though.

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