Sarah Palin, Ph. D.

One of the chief idiots at Political Derby often likes to argue that Barack Obama has made a habit of making inartful statements when speaking extemporaneously. I wonder if he will have any venom leftover for Sarah Palin’s feckless oratory on drilling for domestic oil. 

Let’s go through this statment by statement.

Of course, it’s a fungible commodity and they don’t flag, you know, the molecules, where it’s going and where it’s not.

Correct, oil is a fungible commodity, and indeed, nobody flags individual molecules for use in certain regions. I take this to mean she understands oil is globally traded, and that oil unearthed in one region will not necessarily, or even likely, go to market in the same region. As one of the preeminent energy experts in the US, I’m glad she has a grasp on this.

But in the sense of the Congress today, they know that there are very, very hungry domestic markets that need that oil first.

Sorry, I’m not familiar with the Congress in the “today” sense, but I’ll assume she means “as far as Congress is concerned.” Assuming she doesn’t mean Congress in any future or past sense, she does acknowledge that legislators recognizes that people want more oil. This is exactly why the “drill here, drill now” argument is politically tenable, even though it makes absolutely no sense, in the “makes sense” sense of the word sense. 

So, I believe that what Congress is going to do also, is not to allow the export bans to such a degree that it’s Americans who get stuck holding the bag without the energy source that is produced here, pumped here.

Complete nonsense notwithstanding, I believe Sarah Palin is actually suggesting that Congress allow (do also is not allow…to such a degree) export bans on domesticly drilled oil, so that Americans are not abondened, bag in hand. Whatever that means.

It’s got to flow into our domestic markets first.

Yep, she must be calling for an export ban.

Advertisements
Posted in Politics. Tags: , . 2 Comments »

2 Responses to “Sarah Palin, Ph. D.”

  1. middlescott Says:

    You’re smarter than me if you can figure out what she’s saying–wow. If she makes office, Palin will certainly give Bush and Quayle a run for their money for the dunce cap award.

    Nice post.

    http://poppoliticos.wordpress.com/

  2. On Export Bans « Yes, Let’s Talk About This Says:

    […] despite transportation costs that increased price of $2.00 to $4.50 per barrel (GAO,1999). Anyway, as Sarah Palin points out, oil is a “fungible” commodity, and given the availablity of world oil in Gulf Coast […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: