Author Topic: Elect me and oil prices instantly drop, says Hillary Clinton in Iowa  (Read 481 times)

OzmO

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Are we now blatantly whoring ourselves out to get votes?   ???

BY MICHAEL McAULIFF
DAILY NEWS WASHINGTON BUREAU

Sunday, December 23rd 2007, 4:00 AM

MANCHESTER, N.H. - Hillary Clinton predicted Saturday that just electing her President will cut the price of oil.

When the world hears her commitment at her inauguration about ending American dependence on foreign fuel, Clinton says, oil-pumping countries will lower prices to stifle America's incentive to develop alternative energy.

"I predict to you, the oil-producing countries will drop the price of oil," Clinton said, speaking at the Manchester YWCA. "They will once again assume, once the cost pressure is off, Americans and our political process will recede."

Clinton argued that former President Jimmy Carter in the late 1970s actually started moving in the right direction toward energy independence, but his successor, Ronald Reagan, "dismantled" that work.

"Because costs were low, people didn't care, didn't complain," she said.

She warned that folks shouldn't be grateful now if oil countries cut prices from near $100 a barrel to $60 or $70, and compared it to trying to boil a frog.

"You put him in hot water, it jumps right out, you put him in cold water and turn up the heat - he's a goner," she said. "We've got to figure out how were going to not be the frog in the cold water anymore."

Mad Nickels

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Re: Elect me and oil prices instantly drop, says Hillary Clinton in Iowa
« Reply #1 on: December 24, 2007, 10:48:06 AM »
That will entirely depend on her plans for Iraq and Iran.

If any presidential candidate vows to slow/stop war in iraq and not to attack iran, then OPEC and others will sense stability and loosen reserves to drop prices.

Remember, the region has been in a state of panic for 6 years now.
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Dos Equis

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Re: Elect me and oil prices instantly drop, says Hillary Clinton in Iowa
« Reply #2 on: December 24, 2007, 11:15:21 AM »
Are we now blatantly whoring ourselves out to get votes?   ???


Yes.

War-Horse

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Re: Elect me and oil prices instantly drop, says Hillary Clinton in Iowa
« Reply #3 on: December 24, 2007, 06:49:17 PM »
You guys have seen the bush approved technique of "waterboarding"
Well, id like to invent a new one for the rich oil guys......."oilboarding" 8)

I remember when oil first started rising and opec hit the largest profit for a corp in history for a quarterly.    The interviewer asked "Is there going to be an end to this rapid increase"?   He stated "No".    The interviewer was put off and replied : "what is the reason for this gouging...why"?

His reply: " Because we can, Feel lucky your not at 6dollars a  gallon like europe".

I will put him on the list for oilboarding ....