http://news.yahoo.com/s/ap/20081109/ap_on_el_pr/obama
Drilling is now to be reversed. Great strategy. Lower gas and energy prices by limiting the supply! And... when oil goes up and the dollar goes down what happens to our stock market? Company profits? etc etc. Negative results from a bad business strategy (the business of running the country). Look I support a Pigouvian carbon tax but... limiting supply is a seperate issue.
BTW this is quite a crafty political move for the O-man because oil prices will rise on supply concerns during Bush's term not his.
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