How You Can Tell Coastal Drilling Is A Bush-McCain Fraud

More fraud from John McCain and George W Bush when it comes to the issue of coastal drilling. The NY Times is reporting tonight that drilling boats which would be needed to get to any oil from coastal areas are booked for at least the next five years.

As oil trades at more than $135 a barrel — up from $68 a year ago — the world's drill-ships are booked solid for the next five years. Some oil companies have been forced to postpone exploration while waiting for a drilling rig, executives and analysts said.

Demand is so high that shipbuilders, the biggest of whom are in Asia, have raised prices since last year by as much as $100 million a vessel to about half a billion dollars.

"The crunch on rigs is everywhere," said Alberto Guimaraes, a senior executive in charge of developments in the Gulf of Mexico at Petrobras, the Brazilian oil company that has discovered some of the most promising offshore oil but has been unable to get at it.

Yesterday when McCain announced that he would flip flop on the coastal drilling issue he told the press that it would mean "short term relief" for consumers.

Confused? Three weeks ago McCain told a townhall audience that coastal drilling was a bad idea and "would take years to develop, you would only postpone or temporarily relieve our dependency on fossil fuels,"

Comments (2) «

A GREAT ARTICLE!!!!!!

Mentally Ill Republicans

by Jon Faulkner

It’s not difficult to make the case that conservative republicans suffer from a form of mental illness. Americans have watched them embrace family values and discover ethics, while stealing an election and contriving the circumstances for starting wars. They have worked tirelessly to undermine the American Constitution while frantically waving the flag. They firmly believe in the privatization of government and consistently ignore the inconvenient history of the American taxpayer bailout of one failed/scandalized corporation after the next.....

ENTIRE ARTICLE- http://www.smirkingchimp.com/thread/15561

1

DICKERSON3870 on June 29, 2008 at 09:18 PM

I think that the DNC will choose Barack Obama as his presidential candidate and Hillary Clinton as the next vice presidential candidate for the upcoming election. I am truly sad, that Hillary has not won the primaries, but that's live.

2

Brain on June 30, 2008 at 01:23 PM

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