Robert Lindsay: Ed Wallace Interview on Oil Prices

This short article from Robert Lindsay provides some sense on oil prices and indicates the foolishness of McCain-Palin position on oil drilling.

Not only was demand a factor of lessor importance in the oil price rise over the summer, but McCain seems determined to continue both

• Bush's inflationary economic policy that raises oil prices by decreasing the value of the dollar and also
• Bush's ME foreign policy that sends oil futures into stratosphere by creating conditions that potentially threaten ME oil production.

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