19 September 2008

Out on the campaign trail, McCain recently said this:

My friends, this is the problem in Washington. People like Senator Obama have been too busy gaming the system and haven't ever done a thing to challenge the system. That isn't country first, that's Obama first.
What does that even mean?


"Oil and coal? Of course, it's a fungible commodity and they don't flag, you know, the molecules, where it's going and where it's not. But in the sense of the Congress today, they know that there are very, very hungry domestic markets that need that oil first," Palin said. "So, I believe that what Congress is going to do, also, is not to allow the export bans to such a degree that it's Americans that get stuck to holding the bag without the energy source that is produced here, pumped here. It's got to flow into our domestic markets first."
What the Christ was she getting at here?

The question, by the way, was a good one. Since the 200,000 barrels/day we could potentially see from unrestricted OCS drilling would go onto a world market that consumes 86 million barrels/day today (and probably about 100 million barrels/day by the time we actually see those 200,000 barrels/day from OCS drilling), it doesn't exactly look like OCS drilling would do much to our trade deficit or foreign oil consumption (let alone to the price of gas). The questioner wanted to know if Palin supported an export ban on any newly drilled oil. While this would put the 200,000 barrels/day into our domestic markets, such a ban would probably be a bad idea, since Canada and Mexico could potentially institute their own export bans (if we don't share, why should they?). If Canada and Mexico did that, it would be a net loss for us, since we import a lot more from them than we could potentially get from OCS drilling.

Instead of getting a straight answer, the questioner just heard a lot of gibberish from Palin, who never even made her position clear. Keep in mind that McCain thinks that Palin "knows more about energy than probably anyone else in the United States of America."

UPDATE II: This is hilarious.

This is what Palin had to say about accepting McCain's invitation to join the ticket.
“I answered him ‘Yes’ because I have the confidence in that readiness and knowing that you can’t blink, you have to be wired in a way of being so committed to the mission, the mission that we’re on, reform of this country and victory in the war, you can’t blink. So I didn’t blink then even when asked to run as his running mate.”
This would all be pretty funny if they weren't so close to gaining control of the most powerful country on the planet.


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