From a political stanpoint it doesn't matter a single bit.  Republicans can correctly state the democrats are restricting supply.  Good luck convincing the majority of America that that is a good idea and explain how it doesn't contribute to higher prices. 

Of course the real answer is that the amount of oil is relatively small, but all that 90% of voters will see is..."prices are determined by supply and demand, Democrats are restricting supply, so they are responsible for high prices". 

This is a losing position for democrats PERIOD.  The best we can hope is what Obama has suggested is to use drilling as a bone to throw Republicans to get more comprehensive energy policy passed. 

by alphasigmookie on 08/04/2008 01:23:01 AM EST

[ Parent ]

you should pay attention.

"The longer this drilling fight drags out, the closer it gets to the election, and the more damage is inflicted upon Democrats. If Democrats succeed at killing the bill, they lose. If Democrats concede to Republicans at the very last minute, Republicans win by looking like the people who care about gas prices. The Democrat loony base will be demoralized."

I have heard that the congressional ban on offshore drilling dies next month.

Bush has already lifted his ban so they will not have to vote on anything come September 30. It just goes away. Why do you think Republicans are jumping up and down like shaved apes again in congress?

Pay attention oil man and you may learn something.

by z1p101 on 08/04/2008 02:13:10 AM EST

[ Parent ]

but I am just talking about how thoes of us who undestand these things get pissed off when we hear this kind of BS.

If we open these land for drilling, and I don't care if we do, it will be like turning a hose on the Mississippi when it comes to the global oil market. That would also depend on if the ones doing the drilling think it is worth their time and investment to do so.

Just tring to cut down the BS here. 

by z1p101 on 08/04/2008 02:56:40 AM EST

[ Parent ]