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Old 07-12-2008, 01:45 AM
qwerty qwerty is offline
 
Join Date: May 2008
Posts: 15
Default Re: The Week in Blog: There's Water In Them Hills

I don't understand this obsession the media has on the second order effects of offshore oil drilling (decreasing oil prices) when the first order effect is far more important (the fact that the oil itself is so valuable and auctioning the permits could generate enough money to make the negative impact that it may have on the environment worthwhile). I also dislike characterizing McCain changing his position on this issue as a flip flop. Isn't it possible that McCain's change in position is entirely based on the changed costs and benefits?
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