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August 5, 2008 3:07PM

Presidential Candidates and the Great Oil Debate

By Alexis Glick

Today we talked to two of the economic/energy advisers for Senators Obama and McCain. What does McCain’s camp make of Obama’s change on offshore drilling and tapping the SPR (strategic petroleum reserve)? Was it based on the poll numbers, which stated that more Americans were in support of offshore drilling? Did Obama have no choice but to cave in given his recent decline in the polls? Is the Obama camp concerned about the backlash? Is this about extending an olive branch? Will Obama’s stance bring Democrats and Republicans together to sign an Energy bill into law?

First up Douglas Holtz-Eakin, McCain’s Economic Policy Advisor.

Next up, Elgie Holstein, Obama’s senior energy adviser.


 

3 Responses to “Presidential Candidates and the Great Oil Debate”

  • DrDetroit says:

    Nice top in the vid!

  • chuck says:

    I saw Paris Hilton’s rebuddle to John McCain. Listen she should be given a lot of credit for presenting a much smarter solution than either Senator Obama,Senator McCain and Speaker Pelosi combined. Her add was fun but at least she presented a hyprid solution wheather niether canidate would. Newt Gingrich who was on Fox and Friends this morning has come out and stated that a new poll is going to be released on the issue of trilling and this poll crossed Conservatives,Liberals and Independents. There’s now a 3 out of one Americans are now for drilling.

  • chuck says:

    I’ve been listening talk show host Rush Limbaugh on Senator Obama. Question that should be addressed hard is this: why is he demonizing energy? When in reality in South Chicago his constutients are hurting like everyone else? Second on Friday afternoon when he was in Florida why did he flip on the subject at the last minute when he has constientantly been vccal against drilling? Is it the fact that maybe some of Us Americans are seeing right through him? to attack oil and oil companies via windfall tax profits is a real stupid move.
    On the energy issues he hasn’t presented no clear cut solutions. He goes long term but he can’t solve the short term problem of the marketplace. The commidities market is reacting to the psychology of off shore drilling. Now why not isn’t he? Of course one is allowed to change his mind if it does honestly. Now Ed Schultz doesn’t even touch on the drilling issue only the long term alternate energy solutions. A smart MBA energy executive would think the problem out,and apply what he/she knows about the energy marketplace to solve the problems.
    Senator Obama,as a problem solver on this issue, would be get a real poor preforamce rating on the oil debate. Honestly he hasn’t presented no real problem solving ideas like say a corporate researcher would. Problem with Left wingers they don’t nor can’t understand how the market works. Just giving $1000 rebates is going to acerbate the problem not solve it. We learned to fight inflation; we can’t afford to generate it.

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