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First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC News Political Reporter



McCain: There will be oil!

Posted: Wednesday, August 20, 2008 9:05 AM by Domenico Montanaro

McCain went to an oil rig in the Gulf of Mexico yesterday to drill home his energy policy -- and bash Democratic rival Barack Obama. "Senator Obama opposes new drilling," McCain said. "He has said it will not 'solve our problem' and that 'it's not real.' He's wrong, and the American people know it."… [McCain] and his aides believe the pocketbook approach can connect with voters -- and, in turn, suggest that Obama wants people to pay more for gas, food, and heating."

The New York Times: “Despite the urgency that Mr. McCain attached to the [energy] problem, Democrats noted that he had missed every vote on a 2007 energy bill that increased fuel economy standards for the first time in three decades. Mr. McCain also missed all eight votes on a renewable energy bill that was defeated last month.” 

Maureen Dowd writes of a scripted (fictional?) conversation between McCain and Hillary -- who supposedly are conspiring to defeat Obama.

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There is no difference in domestic oil and imported oil.It all is sold on the world oil market.Congress tried and failed to pass a law in 1999 that forced American oil to sell and keep American oil in this country.McCain voted against making Oil companies keep American oil here.
"Behind all of these claims and positions by Senator Obama lies the ambition to be president."

- John McCain, Aug. 18, 2008

"I didn't decide to run for president to start a national crusade for the political reforms I believed in or to run a campaign as if it were some grand act of patriotism. In truth, I wanted to be president because it had become my ambition to be president...In truth, I'd had the ambition for a long time."

- John McCain, "Worth The Fighting For" 2002


Hypocrisy, thy name is "Republican"!
McCain is a gimmick within a gimmick.  He said by the end of his first time he will end our foreign dependence on oil....come on.  

DNC Ad Hit McCain 4 $5million Blunder Pictures
http://sensico.wordpress.com/2008/08/19/dnc-ad-hit-mccain-4-5million-blunder/
or
http://sensico2.blogspot.com/2008/07/my-blogs.html
Maureen Dowd writes of a scripted (fictional?) conversation between McCain and Hillary -- who supposedly are conspiring to defeat Obama

Throw Rush and Sean Hannitty into the mix and Obama really has some problems.  You really did not think that little Unity BS was really going to work, did you Barry?

Considering Obama has already said he finds nothing wrong with higher prices, one would have to be delusional to even think about voting for a democrat this year.
Mclame can stand on a million rigs (if they don't have huge oil spills just before he arrives), but it doesn't change the fact that oil production from these new wells in years in the future---especially since Big Oil hasn't seen fit to cut into their obscene profits by building refineries to process this supposed glut of new oil.
I don't believe Clinton and Mclame are working together---neither is that good at organizing a plot, or anything else---they just share the same goal. She and Bill will be 2 VERY wild cards at the convention!
"Senator Obama opposes new drilling," McCain said. "He has said it will not 'solve our problem' and that 'it's not real.'
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Why can't McCain admit that new drilling and his gas tax holiday are just pandering schemes to drum up votes?  Neither of his plans in this regard are REAL solutions.  They are simply 'band-aids' to cover the problem temporarily.

http://thepajamapundit.com/
New York Times: "Despite the urgency that Mr. McCain attached to the [energy] problem, Democrats noted that he had missed every vote on a 2007 energy bill that increased fuel economy standards for the first time in three decades. Mr. McCain also missed all eight votes on a renewable energy bill that was defeated last month."

One more of example of full-throated campaign stunting versus calmer analysis to the contrary. Which one wins? Remains to be seen, but as is always the case, we'll probably get the government we deserve.
It's funny how this war monger McCain has amorphed into the oil baron image...Are we being greased for another slipper mind set to what really is the issues here?....More oil more addiction...It looks like we're not having war without more oil...?
Do we really want to go down this slope?
Can't we have cheaper fuels without oil?
Is the outlook that short term?
Is four more years of lies based on our immediate needs?....Why aren't there shortages at the gasoline stations or are going to be seeing that next?
It's getting to be to scripted...
Once again people, any oil that we drill for off shore will go on the world oil market, not to us, so how does this lower the price of gas NOW. At best it will be 10 years before any oil comes out of the ground. What is McGoo's plan to lower gas prices in the short term? Anybody? Obama is right, we have to wein ourselves off of oil, and we can do it by getting the best minds in this country and come up with a plan. T. Boone Pickens plan is just one that comes to mind, and he also said we can't drill ourselves out of this mess. Please remember we are where we are because of the shrub and darth vader, not because of Obama. McGoo is joined at the pump with them, and we will never survive another term with repukes that know how to steal elections, but just are so inept at governing.
McLame is such a hypocrite. It's embarrassing.
There is no difference in domestic oil and imported oil.It all is sold on the world oil market.Congress tried and failed to pass a law in 1999 that forced American oil to sell and keep American oil in this country.McCain voted against making Oil companies keep American oil here.
McCain is deliberately misleading the American people just to win an election.
The truth comes out (kind of) about McBush claiming to care about alternative energy and solving the energy crisis, yet when it comes down to the votes, he either didn't care enough to show up, or voted AGAINST it.

McCain Repeatedly Voted Against and Skipped Votes on Renewable Energy and Increased Fuel Efficiency  

McCain Failed To Vote On Energy Independence Bill. In 2007, McCain failed to vote on a motion to invoke cloture (thus limiting debate) on the Reid, D-Nev., motion to concur in the House amendments to the Senate amendments to the bill that would require new corporate average fuel economy (CAFE) standards of 35 miles per gallon for cars and light trucks, and require 36 billion gallons of biofuels to be blended with gasoline by 2022. It would require electric utilities to produce at least 15 percent of their electricity from renewable energy sources by 2020 and direct the Energy Department to set new energy efficiency standards. It also includes a $21.5 billion package of tax incentives that would be offset in part by eliminating or reducing $13 billion in subsidies for major oil and gas companies. The motion was rejected 53-42. [HR 6,  Vote #416, 12/07/07]

McCain Only Senator Who Failed To Vote On Energy Bill Aimed At Increasing Fuel Economy Standards. In 2007, McCain was the only senator who failed to vote on a motion to invoke cloture (thus limiting debate) on the Reid, D-Nev., motion to concur in the House amendment to the Senate amendment with an additional amendment to the bill that would require new Corporate Average Fuel Economy standards of 35 miles per gallon for cars and light trucks, and require the production and use of 36 billion gallons of biofuels by 2022. It would direct the Energy Department to set new energy efficiency standards. The additional amendment would strike a provision that would require utilities to produce 15 percent of their electricity from alternative sources by 2020. It also would increase to $21.8 billion a package of tax incentives that would be offset in part by eliminating or reducing $13 billion in subsidies for major oil and gas companies. The motion was rejected 59-40.  Vote #425, 12/13/07]

McCain Voted Four Times in Opposition to Increases in Renewable Electricity.Vote #141, 6/16/05] [S. Amdt 3017,   Vote #50, 3/14/02] [S. Amdt 3038,   Vote #55, 3/21/02] [S. Amdt 3057,   Vote #59, 3/21/02]

McCain Voted Against Raising Fuel Economy Standards Three Times.  [H.R. 6,  Vote #275, 9/15/1999] [HR 6, Vote #416, 12/07/07] [CQ.com; HR 6,  Vote #425, 12/13/07]


McCain Missed Three Votes on Raising Fuel Economy Standards.  [S.Amdt. 1677 to H.R. 2084,  Vote #157, 6/23/2005] [S. 14,  Vote #309, 7/29/2003] [S. 517,  Vote #48, 3/13/2003]
http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

Impacts of Increased Access to Oil and Natural Gas Resources in the Lower 48 Federal Outer Continental Shelf

The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030. Leasing would begin no sooner than 2012, and production would not be expected to start before 2017. Total domestic production of crude oil from 2012 through 2030 in the OCS access case is projected to be 1.6 percent higher than in the reference case, and 3 percent higher in 2030 alone, at 5.6 million barrels per day. For the lower 48 OCS, annual crude oil production in 2030 is projected to be 7 percent higher—2.4 million barrels per day in the OCS access case compared with 2.2 million barrels per day in the reference case (Figure 20). Because oil prices are determined on the international market, however, any impact on average wellhead prices is expected to be insignificant.  
___________

The entire "Drill Here, Drill Now" is a political scam to cater to people too stupid to look up the facts or even understand them once they see them.
It's been what? 5-6 months now since McCain showed up in DC?

Who's putting their personal ambitions before their duty to their country?

http://www.rodneyhopper.com
The part that liberals don't understand is that even if US domestic drilled oil is "sold on the world market", that means there is more oil on the market, and with that, prices will go down. Supply and Demand, Market Forces, and all that. It's capitialism libs! And it's a good idea!!
"At best it will be 10 years before any oil comes out of the ground."
Please someone, any one tell me where this number comes from?
we went from no powered flight to landing on the moon in under 70 years.
are you telling me we could not drill oil in under 10? on its face that statement looks silly.
What the Democrats don't want to tell you is that there 'alternative energy' plans, what ever they are today, development horizon is a lot further out then if we start drilling for oil today. 10 years in nothing compared to the time the Democrats will have as all in the Jetsons rocket cars.
No plans, no ideas, no solutions from the Democrats. Is it any wonder in a year where they should clean up in the elections that they are struggling so badly?
Considering Obama has already said he finds nothing wrong with higher prices, one would have to be delusional to even think about voting for a democrat this year.

jerry/corpus christi texas (Sent Wednesday, August 20, 2008 9:22 AM)
******************************************************
Ahh the mouth of ignorance speaks!

Higher prices are a result of increased demand on the world stage.  gas prices have been this high in Europe for years, and with other countries now equaling US demand it is simple economics as to why we are having higher prices at the pump.  most high school sophomores should know that...

being delusional would be voting for the republican smear campaign highlighted by your icons Rush and Hannity, trying to bully the populous into voting for McBomb, and expecting things in this country to change for the better.  the past 8 years should have highlighted that the republican's have no idea how to address the problems we now face, let alone solve them.  

Keep spewing the stuff you hear from almighty Rush and his conservative Nazi brethren.  religions of hate they are teaching have done so much good for this country...
I have a problem with Mccain's all of the above approach. It lack's any specific's. How much will offshore drilling save me and when? 2 cent's per gal. in 12 year's, 2 dollar's a gal. next week? Will oil produced in the USA  be kept in the USA or go on the global mkt. He says he supports wind and solar but does not say how he will support them. I do not here him saying wind and solar here wind and solar now. He wants more nuke plant's but has presented no plan for the spent nuke rod's except to say they wont be allowed in Arizona.And what is his definiyion of clean coal?All I hear so far is feel good talk to win the vote of the uninformed.
Does anyone know how many days it's been since McCain actually participated in a vote in DC?
What is the 'alternative fuel' plan?  Windmills are supported by those who do not have to look at/live near them.  Nuclear power is opposed by many.  Hydroelectric?  Heaven forfend!  Solar is inefficent.  So what is it?  A visit from the energy fairy?  Oil is DIRT, people.  It comes from the ground right here on earth, and is the result of decomposition of animal/vegetable materials.  To hear some of you scream, you'd think it was alien space matter.  Sure, we've had spills, but the technology is much better today than it was thirty years ago; witness the massive oil spills that did NOT occur post-Katrina in the Gulf.  The price per barrel has come DOWN recently because of the pressure to drill, which makes the speculators think again about where the price of oil will be in the future.  If Obama gets elected, you can look at $10 a gallon gas within a year after his inauguration, with the concommitant rise in food prices.  That's called cost-push inflation, and raising taxes on the oil companies won't do anything but raise the price of gas even higher.  While Obama now says he 'might' accept some drilling in a larger energy bill, it is just as likely that I 'might' grow wings and fly.  THINK, people.  He is not ready.
Only a fool would believe that we can drill our way back to energy independence.  This shameful pandering lie of "Big Oil" McCain just proves he's in the pocket of big oil and is their clueless toady.  No way that 3% of the world's oil reserves can satisfy 25% of the world's consumption.

The latest drop in oil prices is due to Americans conserving oil and gas usage, it is proof positive that lowering our demand for oil and gas is the way to keep oil and gas prices low.  Americans are just going to have to learn to stop being such wasteful energy pigs thinking they have some god given right to waste oil and gas like it will never stop flowing.

Time to listen to T. Boone Pickens and get behind his wind power program.  Time to get behind Barack Obama and force the oil companies to stop ripping us off and laughing all the way to the bank.

Go Obama 08/12!
My brother, who listens to right wing talk radio and votes Libertarian, insists that lifting the ban on off-shore drilling will lower the proce of oil. Obama has to find a way to reach this kind of voter, who works too hard and is too busy to scour the internet comparing facts from different news sources. Our main stream media does an absolutly atrocious job of broadcasting facts - they are much more interested in presenting "both sides" of an issue, even if one side is based on lies. Maybe Obama needs to get trusted experts like Walter Cronkite out of retirement to deliver public service messages on these issues. I know my brother doesn't listen to me.
I don't think that McCain really understands the process of drilling for oil, the equipment required and how long it takes the oil (if found) to get to the limited number of REFINERIES that process that into gasoline.  

If he hadn't missed votes in the Senate, he could have been the voice to say "let's do this drilling here" and "let's increase efficiency standards" at the same time which would make sense.  

Part of the rise in food prices relates to food stuffs being used to make bio-fuels.  We need non-food stuffs to be made into bio-fuels like bamboo, saw dust and switch grass.  
[Maureen Dowd writes of a scripted (fictional?) conversation between McCain and Hillary -- who supposedly are conspiring to defeat Obama.]
--I wonder why the Obama campaign is not utilizing Sen. Clinton more.  I would imagine they could give her a more prominent role (also to woo her voters).  But if not as an attack dog, she would certainly be a great defender of Barack Obama as John McCain takes it hardcore.  And I heard that she would relish a bigger role in Obama's campaign.  I think it would be a good thing.
Wow, I predict a LONG discussioin between Donna and Donna from Lincroft in 5....4.....3....2.....1....

Get her donna! (no not you donna from Loncroft.)
The fascination with more oil drilling is a function, primarily, of appalling economic illiteracy in this country and the desire to find quick and simple solutions to complex problems.

With no legal way to prevent US oil from entering the world market, the effect on prices domestically or world-wide would be pretty insignificant.
What "CapPig" fails to tell you when he talks about "supply and demand," we currently are seeing how quickly reduced demand can lower prices.  The US has had a large drop in demand as people are more concious about their driving habits and the impact of the more frugal use of electricity.  So, the price of oil has fallen and their has been an obvious impact at the gas pump.
Drilling for more oil just gives a brief respite to the inevetible, higher energy prices and greater pollution levels.
Similarly, blaming the oil companies is not the way to go either.  Even with the $11 billion dollar profit in one quarter for ExxonMobil, the industry maintains a Return on Investment (ROI) ratio about in the middle of the pack for all industries.  It sounds good to blame the oil companies, and even local dealers, as some do, but it is definately the wrong tack.
Only controlling demand will have the desired impact that people want to see.  

Will it require everyone to make adjustments in their lives and to make some sacrifices?  Absolutely!!  Can the US do it?  We have done it before, with actions like rationing during WWII.
Will some people be hurt economically?  No question!!  But, we are already hurting economically from letting the problem get out of hand.

It is time for both presidental candidates to stop pandering to the ignorance of most potential voters about energy, and to stop trying to find painless solutions.  Controlling demand is the only meaningful way to impact prices.  We are proving that right now.

What is the 'alternative fuel' plan?  Windmills are supported by those who do not have to look at/live near them.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

... I live near windmills. They don't bother me one bit. In fact, I find that they look gracefull against the sky and it makes me proud every time i see them that we are doing something positive for the environment.

...but i suppose you wouldn't know these things because you HAVEN'T lived or looked at them!

DON'T PRETEND TO KNOW WHAT MY THOUGHTS ARE ON SOMETHING YOU KNOW NOTHING ABOUT
"McCain went to an oil rig in the Gulf of Mexico yesterday to drill home his energy policy ..."
--I would think the Democrats could use this to pull Obama more mainstream and push McCain out.  McCain seems to be for oil, oil, oil w/ his energy plan--and there are the visuals.  Obama (who is fighting a well-rounded approach to energy), could and should push back that McCain only cares about oil and that feeding an addiction won't solve the problem.

What could we American's do for our country and our troops?  Well, we can certainly attempt to ween ourselves less from oil, so they don't (as Sen. Kerry jokingly put it) wind up stuck in Iraq, again.
Whenever McHooky starts his fake outrage - ordering Congress back to work - I have such conflicting emotions.  I don't know whether to break out laughing or rage at his hypocrisy.  
We do not need more oil!  We need REGULATION of oil companies!  Republicans hate regulation of any sort no matter what the costs to society.  Drilling is not the answer to our energy needs.  We have oil in storage right now! Duh!  We need regulation and more refineries.  Not more drilling!  
The average American IQ must be around 80 to buy this load of garbage and to repeat a mantra of "drill"  How stupid to think this simple act will help bring prices down!  It will only increase prices because the oil companies will start another argument about "depleting" the sources.  The oil companies have gotten excellent at putting out any ol' arguement and raising prices.  Oh! Look, a hurricane, prices up, Oh, Look, a sqirmish in the middle east, prices up, Oh, Look, a weak dollar, prices up............It's a dam* scam people!  
Not until the American federal government begins to regulate the oil companies will we see the relief we so desperately need and desire.  
My point:  You will never get a republican president to bring in regulation of the oil companies.  NEVER.   and especially not mccain!
I'm sick of Mccain insulting the intelligence of the american voters - his claims on os drilling - they're blatant distortions and are false, and he needs to be called on it.
Why can't McCain admit that new drilling and his gas tax holiday are just pandering schemes to drum up votes?
----------------------------------------
Unlike Obama's 'energy rebate' from 'windfall profits' from the oil companies.  Now THAT is a pander, folks.
Okay folks it seems that everyone wants to bash John McCain for saying DRILL now DRILL here. Well if you look at it with an open mind you just might find that it is real. Solar, Wind, Nuclear, all of them will take 10 to 15 years to get fully developed and in to our houses, cars, trucks, etc., for use. Oil is here and is being used widely today in our cars, homes, businesses, etc. We need to get to the renewable yes but over a period of time, and during that time we need to keep our energy costs as low as possible.
THINK with you heads folks not your relationship to a National Party.
I can not believe that people are forgetting, OIL IS DESTROYING OUR AIR.
What good is it to have gas prices affordable if we must stay inside to breath?
All this talk about future generations is silly if there are none.
It IS time to wene ourselves off oil. All the money being used to produce oil, must begin to be swayed towards clean renewable energy.
It took alot of blind politicians and selfishness to to get here, but we must change our thinking now!!!
Owl
That "Oil Rig" scene was just as bad as Bush landing on the aircraft carrier with the banner "Mission Accomplished" hanging.  Leave it to Republicans to make a false claim on a grand stage just for some cheap press coverage.  Lies are still lies.
The Americans have done two dumb election choices in the last eight years,I do not believe that we are dumb enough to put the same man in the white again,that is all McCain would be,same old thing.
Report on this and stop giving John McShame a free ride!!!!!

http://www.military.com/opinion/0,15202,164859_1,00.html  
that means there is more oil on the market, and with that, prices will go down. Supply and Demand, Market Forces, and all that.

Cap Pig

Supply and Demand works in a competitive market but the oil interests have a monopoly so prices can be raised on a whim. The price gas is regulated by what we will pay and lets face it were addicted. The Alaska pipe line was going to bring us oil independence and not one drop is used in the U.S. The bush mcshame policies will just make the problems worse.
The Americans have done two dumb election choices in the last eight years,I do not believe that we are dumb enough to put the same man in the white again,that is all McCain would be,same old thing.
McCain needs to be confronted face to face with his stores and plans that are wrong or just plain lies. He needs to hear, "Sen. McCain, you are telling yet another lie." Remember, Mr. MaGoo has a hair trigger and it is only libel if it is not true. Johnny has made a move that has left him at disadvantage. Obama needs to exploit and attack. No more Mr. Nice Guy.
We had an energy President, he did absolutly nothing, what happened to the secret energy policy, what happened to all those energy people who secretly met with Cheney.
McCain talks about an 'all of the above' approach but only talks about oil, how is that 'all of the above' when he is talking about only one form of energy?
So the media again gives McCain a pass.  His energy plan does not include renewable sources. He is a liar about many things and a very nasty man, is the media afraid of him?   Once again he was the very old man, very weakly and stumbling reading his "statement". When will the media be straight with the public and publish the truth?  
The part that liberals don't understand is that even if US domestic drilled oil is "sold on the world market", that means there is more oil on the market, and with that, prices will go down. Supply and Demand, Market Forces, and all that. It's capitialism libs! And it's a good idea!!
------------------------------------------------------
Hey Cap Pig - what you don't understand is that the US Dollar is down so much that even with more oil on the market - we would have to pay more for it in order to get it; the Europeans and Chinese and Indian money is worth more so they can pay the higher prices - so they will get the oil - unless we come up with paying with devalued dollars - Now do YOU get it???  If the oil stayed HERE we would not have to compete for it with our devalued dollar - (thanks to GW and the cost of the Iraqi war)
Did he use a helicopter to get to the rig or did he walk?
I hope McCain didn't get any drops of oil on his $520 designer shoes.
MCCAIN THE OLD 72 YEAR OLD GENTLEMAN STANDING IN THE MIDDLE OF AN OIL FIELD FOR PHOTO OP, WHO'S NEVER IN HIS LIFE BEEN NEAR ONE IN HIS LIFE ONCE AGAIN PANDERING TO THE AMERICAN PEOPLE AND BIG OIL THE VERY BIG OIL THAT CAUSED THE CURRENT RECESSION.

AT 72 YEARS OLD WOULD YOU TRUST YOUR PARENT OR ANYONE YOU KNOW WITH THE COUNTRY TO BE ALERT, WITH THE SWIFTNESS NECESSARY AND THE REMEMBERANCE AND SUPER INTELLECT AND JUDGEMENT NEEDED TO DO THE JOB?

AT 72 THAT MEANS SOMEONE ELSE WILL BE RUNNING THE COUNTRY, IT CERTAINLY WON'T BE SEN. MCCAIN

AMERICA IF YOU THNIK AGE DOES NOT MATTER YOU ARE IN FOR A BIG SURPRISE. THAT'S WHY THE U.S. DOES NOT HIRE A 65 YEAR OLD FOR A CEO JOB

IF WE ARE NOT WILLING TO HIRE SENIOR CITIZENS FOR KEY JOBS IN THEIR 60'S WHY ARE WE SO WILLING TO LET THEM RUN THE ENTIRE COUNTRY?
The part that liberals don't understand is that even if US domestic drilled oil is "sold on the world market", that means there is more oil on the market, and with that, prices will go down. Supply and Demand, Market Forces, and all that. It's capitialism libs! And it's a good idea!!
Cap Pig (Sent Wednesday, August 20, 2008 9:39 AM)

****************************************************

I understand this, and I also understand that it will have an impact on the price of oil no more than 1%. What you idiot right wingers don't understand is that less than 1%drop in oil prices is not worth the troubles of getting the oil.

Besides, oil companies already have leases for offshore drilling, and they are only utilizing 10% of that leased area. Why do they need more? they are going to do anything with it anyhow.


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