Thursday, June 19, 2008

Offshore drilling in the US and oil rigs

If you needed proof positive that Herr Bush is a bumbler and a proveyor of snake oil, look at his remedy for rising oil prices. Off shore drilling which won't do much to push down prices; had he called for tapping into the US petroleum reserves, we would then know that he is trying to help the automobile owner in tanking up. He isn't. It's more hype and show business and without much substance. And if it were, there is no provision for oil rigs which are in short supply. So here is a man who thanks to his daddy's wealth spent years failing in the oil & gas business [pace Harken oil], and he shows his hand again, that he is as dumb and stupid in oil & gas. Little wonder, Herr Bush is an utter failure as president, and the US is a sad and sorrier nation for electing this martinet twice.

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