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Obama and McCain Spar Over Oil

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Posted on Aug 4, 2008
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Both Barack Obama and John McCain have recently changed their positions when it comes to dealing with the burgeoning energy crisis and America’s all-too-apparent dependence on foreign oil, but that doesn’t mean each presumptive nominee isn’t going to keep pointing out the other’s potential inconsistencies and flaws, as Obama’s new ad here demonstrates.



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By JimM, August 5, 2008 at 12:29 pm Link to this comment

They cant do that because money is too important to them. How will these slime feel on their deathbeds? Probably no different.
Remember it was the republicans who gleefully ripped the solar panels off the white house roof when Reagan won, then riduiculed Carter for turning the heat down and for his sweaters and his belief in pv.
They have blocked and obstructed progress in alternative energy technology ever since. Why? Duh-they are in the pockets of the oil companies, that’s why.Imagine if they had not blocked, lied and obstructed at every turn- I would indeed be able to unfurl my solar panel at the rest stop, plug it in to my car and charge it up. But where would that have left the poor oil companies who require subsidies from us taxpayers in order to rape our finances and hold us hostage while they make ever-huger profits?
It began to dawn on me how freaking stupid americans are when they started driving their hummers and huge,  oversized suvs full of their oversized selves to their oversized McMansions. This is the republican way. Lets not forget All American Butch in his pickup truck with the predatory eagle spread over the back window sporting the flag’s colors. Maybe we should just change our flag’s colors to red for blood. What a hotbed of high culture America has become.

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By xyzaffair, August 5, 2008 at 10:27 am Link to this comment
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Did anyone see the debate between McCain advisor Nancy Pfotenhauer (I believe I got her name right) and Obama advisor Federico Pena on the Jim Lehrer News hour on Monday?  Pfotenhauer laughed and said, “That is so not true” in response to statements made by Pena.  Between her and Phil Gramm, it seems McCain is not too selective in picking his advisor team.

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By David Model, August 5, 2008 at 9:51 am Link to this comment

HELLO!! oil companies, Democratic, and Republican members of Congress.  Apparently the aforementioned do not read environmental news or do not care about global warming since their solution to the oil crisis is based on the assumption that the real problem is either a shortage of supply or high prices.  Apparently these people do not read any analysis other than the mainstream media for their understanding of the impact of global warning.  Most of these people have children and grandchildren and it defies common sense that they would willingly bequeath a severely damaged planet to their loved ones.  So read other sources.

The real problem is the consumption of fossil fuel irrespective of the price or availability.  Clearly and simply, fossil fuels contribute to greenhouse emissions which are already approximately 60% above the levels needed to sustain our planet.  Increasing current consumption levels cannot possibly be the solution in the short or long term.

Compounding the problem is the fact that oil is either close to or past its peak.  That means that oil is guaranteed to become more expensive and dirty as producers extract oil from less efficient sources.  For example, the Tar Sands in Canada has catapulted to number one in known oil reserves.  It is extremely costly and dirty to extract and destroys the environment in a large area.  Greenhouse emissions will skyrocket as people begin to consume more oil from these dirty and inefficient sources.

Confusing our understanding of the problem is the discussion about the price of oil.  Obviously, the oil companies want you to believe that it is related to the supply of oil and hence the solution is to produce more oil.  Surprise! Surprise!  The real problem is neither the supply which has been fairly constant nor the demand which is rising due to the increasing consumption in countries such as India and China but can still be met for a while given current reserves.  The real problem is speculation.  Speculators are not only betting on the price today but the price well into the future.  It is their predatory betting for quick profits that is driving up the price for consumers.

Possibly the problem would be fully addressed if those with ties with the oil companies, including oil company executives, shareholders, lobbyists, and politicians who are in a bed of oil with the oil companies, paid more attention to the fate of their younger relatives than to the ever-increasing profits of oil companies.

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