McCain welcomes high oil prices
June 26, 2008 · By Charles Anthony
It seems like the Republican presidential hopeful needs to use vacuous hyperbole and fear mongering to his advantage:
In recent days, I have set before the American people an energy plan. … And let it begin today with this commitment: In a world of hostile and unstable suppliers of oil, this nation will achieve strategic independence by 2025.
McCain is just covering up economic reality and using it to create a positive spin. The supply of oil is an international two-way street and it is no longer possible for the U.S. government to steer the traffic. It is only thanks to the high oil prices that independence is commercially viable. Without high oil prices, there would be no talk of independence.


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