He’s made an interesting statement recently featured on ABC News (via Hot Air):…

So why are prices so high? It’s got to be problems with our own energy policy, there is no shortage of oil.

Because the idiots in Wash do not understand the bare basics of supply and demand. They’d rather ban the light bulb!

“Straight Talk Express” One Minute, “Doubletalk Express” The Next For Panamanian-Born U.S. Senator From Arizona
“The Iraq war was all about oil”, suggested Senór McCain in one of his rare moments of honest-to-goodne…

eanax on May 3, 2008 at 10:47 AM

Amen, brother.

I like my ethanol with rocks and salt.

As far as methanol or any other alternative energy source, my problem is not with the source, it’s with the gummint mandating and/or subsidizing it.

Especially when we’re floating on oceans of oil. The world has more proven reserves of oil today than at any other time in history. And I’m not sure that includes the recent South American discoveries, or Wyoming’s Bakken formation, among many others.

[preach/]It’s sheer insanity to demonize oil. Oil is a gift from the deity of your choice: from a physics viewpoint, the abundance of oil and the ease of converting it to energy is nothing short of miraculous. People don’t grasp just how rare sources of energy are in this universe. And the effect it has had on mankind in general and poor people in particular is a blessing. Oil has done more good for more poor people than all the gummint programs in history.[/preach]

The truth is that the Democrats are not talking about opening up ANWR or pushing for all kinds of production and yet the American people seem ready to put them in charge. What does that tell you?

Terrye on May 2, 2008 at 6:33 PM

That when it comes to politics and economics most people are stupid beyond comprehension.

Ethanol is not a boondoggle, in fact without it the price of gas would be about 40 cents more a gallon than it is now and diesel would be even higher. That would add even more to farmers’ cost of production and that would not exactly bring down prices.

Wrong. Ethanol is a mandate pushed by Agribusiness to increase the bottom line for their industry. The ethanol mandate has run up the price of corn and other food commodities because corn is being used now for both food and energy consumption, and farmers are planting less of the other basic food crops in favor of growing more corn for the bigger $$$. This–obviously–causes the prices of those crops to go up as well due to less production with a stable or slightly increased demand.

A smarter source for energy would be METHANOL. There are multiple sources for this fuel and the conversion to existing infrastructure to use it in everyday life would be minimal.

If energy prices were to fall, then the demand for commodities and ethanol and other kinds of energy would diminish as well.

Energy prices, overall, aren’t going to fall anytime soon due to world-wide demand.

This demand for energy has allowed a bunch of autocratic crazy people from the Middle East to exercise a control over the world economy that has been truly destructive.

Terrye on May 2, 2008 at 6:26 PM

The Middle East isn’t the only place in the world where oil is produced. Look at the U.S. Department of Energy’s statistics from which countries the U.S. imports oil. Canada is the U.S.’s consistent top supplier of oil (and natural gas too). Are there two or three countries from the Mideast that supply us with oil? Yes. The fact remains, though, that we import more oil from countries OUTSIDE the Mideast than those with obvious political agendas would care to let be known.

This is yet another example of the plethora of straws that the Leftinistra are trapped into grasping for no other reason than to prove to everyone that comes across their posts to realize just how scared they are….

funky chicken on May 2, 2008 at 9:17 PM

No, it’s not. He doesn’t have a clue about it, and had to retract much of what he said. He hasn’t recently said anything about ANWR – a mosquito infested frozen swamp, aka tundra, which he has(in January) compared to the majestic Grand Canyon. No drilling in ANWR, no drilling anywhere, I suppose. In other words, he has no energy policy at all. Some meaningless babbling about nuclear, and that’s about it. So he doesn’t like ethanol – not many people do, any more. But oil – he has no clue.
He’s going to have to be put on a short lease by his staff, because he is gaffe-ridden and error-prone. The question of senility will be raised, I am sure.
It’s going to get ugly when the shite hits the fan for our chosen candidate.

McCain clarifies remark about oil, Iraq war
http://firedoglake.com/2008/05/02/mccain-clarifies-remark-about-oil-iraq-war/

Hooaah Mc…!

“My friends, I will have an energy policy that we will be talking about, which will eliminate our dependence on oil from the Middle East,” McCain told a crowd of 300 at a Jewish Community Center in Denver.

“That will prevent us from having ever to send our young men and women into conflict again in the Middle East.”

Does McCain have to keep saying, “My friends”? It has gotten even more irritating than Hannity’s also so over used, “You’re a Great American!”. Both are even more irritating than, “Have a nice day”. McCain has rendered, “My friends” and Hannity has rendered, “You’re a Great American!” now essentially meaningless.

The logically inescapable conclusion from what McCain said is that either he does believe that we are in Iraq because of oil or he is going senile.

Sounds like war for oil.

I thought that was a Democrat talking point.

. . .

Oh, yeah. . .I forgot.

“Awwww. I see that our illustrious governor, Smilin’ Tim Pawlenty, has already done a Lieberman and whispered into his would-be running mate’s ear, because John Sidney McCain III’s doin’ the ol’ walkback again:”
http://firedoglake.com/2008/05/02/just-another-mccain-moment/

“…doin’ the ol’ walkback again:”

But that’s just good olde St. Mc…!

WOW…!

http://www.liveleak.com/view?i=d65_1209770292

I’m on the straight talk express baby…!

Maverick evidently hasn’t heard of the Bakken formation.

irishspy on May 2, 2008 at 5:42 PM

Here is another article about the Huge oil field in North Dakota.

And of course Mexico found a huge oil field also, believed to be perhaps 10 billion barrels two years ago, I would think it would be close to coming into production.

And Brazil believes it has found an 8 billion barrel field as of last year.

The South Koreans found another one of about the same size.

Another one in Ghana.

China just signed a deal to develop a huge find in Iran, not that WE would get any of that oil but at least that takes pressure off of the world market.

So it appears the world is awash in oil. So why are prices so high? It’s got to be problems with our own energy policy, there is no shortage of oil.

“AMERICAN ENERGY FOR AMERICAN GROWTH!”

would do very well in the general election.

Sombody tell Senator McCain.

MrLynn on May 2, 2008 at 7:22 PM

isn’t that what he’s talking about?

Ethanol is not a boondoggle

Terrye on May 2, 2008 at 6:26 PM

Really? Even leftist kooks now admit it. Paul Krugman. Newsweek.

It takes more energy to make ethanol than the ethanol contains, according to a Berkeley(!) professor.

And then there’s the contribution to mythical global warming, not to mention the starvation and food riots caused by using food as fuel.

I’d call that a boondoggle. Otherwise, why does the gummint have to pass laws and subsidize it?

“John McCain cupped a fist and began pumping it, up and down, along the side of his body. It was a gesture familiar to a participant in the closed-door …”
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/19/AR2008041902224.html

Did Saint Mc attack a congressman…?

http://www.youtube.com/watch?v=S89hfSXMZms

Is Saint Mc guilty of ruthless bipartisanship…?

http://www.prospect.org/csnc/blogs/tapped_archive?month=04&year=2008&base_name=ruthless_bipartisanship

That stated; dose he have issues with his own “strategery” for our present catastrophic war in Iraq…?
Not at all…!

http://www.huffingtonpost.com/2008/05/02/mccain-implies-iraq-war-i_n_99866.html

Finally we get the “Straight Talk Express”…lo after these many dispicable years of death and destruction?

Caribou needed space that’s why
All those Iraqis had to die