July 17, 2008

Black Gold, Alaska Tea

I don't know where DPUD hides that siren graphic but we've got another big fucking GOP win:

The Bush administration didn’t waste much time after its lifting of the executive ban on off-shore drilling to make its second big gesture towards the oil markets. Late yesterday, the Bureau of Land Management opened 3.9 million acres of land in Alaska for drilling and exploration.

Fucking fantastic! Look for the price of oil to drop another 10 to 20 dollars as speculators begin to speculate that the United States might be back in the oil business. Also, as retarded as sending an envoy to Iran seems geopolitically, economically it may have been a really intelligent plan. President Bush may have just single-handedly popped the oil bubble.

Too optimistic? You tell me.

Posted by: Moron Pundit at 08:21 AM | Comments (5) | Add Comment
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