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McCain Is Exactly Wrong on Energy
nro ^ | 6/11/08 | Larry Kudlow

Posted on 06/11/2008 1:46:26 PM PDT by Fred

Sen. John McCain delivered a nearly pluperfect supply-side tax-cut plan yesterday, one that is worthy of conservative support, and frankly a real eye-opener showing just how good he can be. I wrote about it in my latest column.

But then he goes on NBC’s Today Show this morning and gets the whole energy story wrong. Oh my gosh.

When asked about gas prices at the pump, and whether they could go any lower, Sen. McCain said he didn’t think so because “You’ve got a finite supply, basically, and a cartel controlling it.”

This is exactly wrong. There is no finite supply, or if there is we are 100 years away from it. I don’t know who has put this thought into the senator’s mind, but it is a bad thought in terms of energy and a bad thought in terms of the politics of this campaign.

Look, we have the Bakken fields, the outer continental shelf and all the offshore drilling opportunities, ANWR, and so forth. There’s probably over a trillion barrels worth of reserves out there. And Republicans in the Senate are trying to move a deregulated drilling bill through the process. McCain should be backing this and talking about it.

Democrats are out there pushing cap-and-trade, which would jack up gasoline and oil energy prices, damage the economy, and create a massive central-planning exercise. The Democratic Congress has done nothing to alleviate the oil shortage. They’re captured by the greenies. They should be blamed.

This is a real turnaround issue for the Republicans and Mr. McCain. But McCain’s not going there.

Incidentally, in the Today Show interview, the senator takes a whack at oil-company profits, suggesting they should return some of these profits to consumers. And he would consider voting for a windfall profits tax. And then he used the phrase “obscene profits.” Make that two oh my goshes.


TOPICS: Politics/Elections
KEYWORDS: 110th; 2008; capandtrade; energy; energygasprices; energypolicy; issues; kudlow; larrykudlow; mccain; mccaint; oil; rino
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1 posted on 06/11/2008 1:46:26 PM PDT by Fred
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To: Fred; pissant

I predict a distinct lack of McCain buttkissers on this thread.


2 posted on 06/11/2008 1:47:51 PM PDT by Crazieman (Vote Juan McAmnesty in 2008! Because freedom abroad is more important than freedom at home!)
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To: Fred

*sigh*

We had at least two candidates who I was paying very close attention to who got this issue.

I’m still hoping that McCain ends up with Romney (or anyone!) as a running mate and ends up actually learning about liquified coal, synthetic petroleum, and drilling. Because right now, the guy seems clueless.


3 posted on 06/11/2008 1:50:44 PM PDT by CaspersGh0sts
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To: Crazieman; Perdogg

Well, I’ll see what Perdogg has to say. LOL


4 posted on 06/11/2008 1:50:51 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Fred

Republicans need to ask themselves if they really want a republican in office when people start freezing to death over the winter.


5 posted on 06/11/2008 1:50:54 PM PDT by cripplecreek (I miss the days when only the politicians were unethical.)
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To: Fred

He’s not all bad, he likes nuclear power.


6 posted on 06/11/2008 1:51:38 PM PDT by Little Ray (I'm a Conservative. But I can vote for John McCain. If I have to. I guess.)
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To: Fred

Tell McCain to change his views on domestic drilling, here.

http://www.johnmccain.com/Contact/


7 posted on 06/11/2008 1:51:59 PM PDT by Signalman
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To: Fred
McCain keeps flying his liberal colors and exposing his ignorance of economics. At least it is ignorance in his case. Obami's commie leanings are willful and fully supported by his leftist backers.
8 posted on 06/11/2008 1:52:24 PM PDT by Myrddin
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To: Crazieman; pissant
Time for Juanito to introduce the "Drill More Pay Less Act of 2008" in the Senate...
9 posted on 06/11/2008 1:53:05 PM PDT by Fred (The Democrat Party is the Nadir of Nilhilism)
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To: Fred

“Democrats (AND JOHN MCCAIN) are out there pushing cap-and-trade, which would jack up gasoline and oil energy prices, damage the economy, and create a massive central-planning exercise. The Democratic Congress (AND JOHN MCCAIN) has done”

That’s his problem, correct on an important issue but then another issue he’s wrong to the point that he cancels out the first issue as a plus.


10 posted on 06/11/2008 1:54:01 PM PDT by stockpirate (Conservatives are becoming the swing vote McCain needs to win, hold tight.)
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To: Fred; freekitty; oswegodeee; MinuteGal; Free ThinkerNY; justiceseeker93; Clintonfatigued; ...

As a lifelong Conservative Republican (going back to Goldwater), I’m horrified that McCain is the best our party can come up with. God help us all! I’m embarrassed beyond words and disgusted even more that the GOP has no guts, no spine, and no gonads. We have brave Americans putting their lives on the line to protect and defend our country. We have human waste in DC that supposedly represent us. What a joke; they represent their own quest for power, greed, and egos. I’m outraged beyond words that I can post here.

Somehow, someway, people that cherish this country, cherish our freedoms, and want to preserve our greatness for our children and grandchildren, have got to take back our country before these jokers give it to our enemies!


11 posted on 06/11/2008 1:54:44 PM PDT by ExTexasRedhead
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To: Fred

NO NO *whack on head* bad Mccain we don’t alienate our base! That’s how we lose the election.


12 posted on 06/11/2008 1:55:04 PM PDT by utherdoul
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To: Fred

McCain is right. He has no solution either. There is no solution. We’re going full speed right off the cliff.


13 posted on 06/11/2008 1:58:03 PM PDT by RightWhale (I will veto each and every beer)
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To: Little Ray

thats because he knows its not going to happen.

how brave of him. sarc


14 posted on 06/11/2008 1:58:09 PM PDT by kennyboy509 (Ha! I kill me!)
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To: Fred

What’s sad is that if the pubs made a concerted effort to push a good energy policy, they’d stomp all over the dems this fall.


15 posted on 06/11/2008 1:58:43 PM PDT by JamesP81 (George Orwell's 1984 was a warning, not a suggestion)
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To: ExTexasRedhead

You were a goldwater girl?


16 posted on 06/11/2008 1:58:49 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Fred

“Democrats (AND JOHN MCCAIN) are out there pushing cap-and-trade, which would jack up gasoline and oil energy prices, damage the economy, and create a massive central-planning exercise. The Democratic Congress (AND JOHN MCCAIN) has done”

That’s his problem, correct on an important issue but then another issue he’s wrong to the point that he cancels out the first issue as a plus.


17 posted on 06/11/2008 1:59:32 PM PDT by stockpirate (Conservatives are becoming the swing vote McCain needs to win, hold tight.)
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To: ExTexasRedhead
Comes on at 7pm est. Kudlow will just go off on McCain over this

Kudlow and Company on CNBC

A freeper said that Kudlow is an advisor to McCain...If he is McCain and his 'team' better start listening...
18 posted on 06/11/2008 2:00:24 PM PDT by Fred (The Democrat Party is the Nadir of Nilhilism)
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To: Fred

The oil companies could score some public relations points by starting a program offering reduced price gas to people on a means-tested basis. The Pharma companies and Walmart did it with prescription drugs and it helped get the RAT media off their backs (at least temporarily). I am not saying they should be FORCED to do it, it would be a voluntary program that would get them some good will.


19 posted on 06/11/2008 2:01:10 PM PDT by Hacklehead (Crush the liberals, see them driven before you, and hear the lamentation of the hippies.)
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To: Little Ray
He’s not all bad, he likes nuclear power.

He can like it all he wants. The reality is that we can't even build an oil refinery in America, let alone the many nuke plants we need.
20 posted on 06/11/2008 2:01:31 PM PDT by cripplecreek (I miss the days when only the politicians were unethical.)
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