Hubbard blasts Florida over oil

May 22, 2008
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Al Hubbard, the Indianapolis businessman who stepped down last year as director of President Bushâ??s National Economic Council, is quoted in a recent Barronâ??s column as hammering Floridians and others living along U.S. coasts for squeezing the tourniquet on additional oil and natural gas drilling.

â??If the other 49 states realized what Florida is doing to them, theyâ??d be up in arms,â?? Hubbard told columnist Jim McTague.

Presidential candidates Hillary Clinton, John McCain and Barack Obama all were â??convenientlyâ?? absent in June last year when a vote came up on a Senate bill that would have allowed oil drilling off the Virginia coast.

Fear of spills makes the prospect of drilling anathema to residents of Virginia, Florida, California and other coastal states â?? most of them politically powerful.

Yet, McTague argued, the vast majority of spills are caused by shipwrecks, and there is no hue and cry about banning ships from coastlines. The last big spill from an oil rig happened in 1969 off Santa Barbara, Calif.

Hubbard says oil money should be kept in the United States and not sent to the Middle East.

What do you think?
  • Wait...let me get this straight. Prices are high because supply is low and demand is high. And this guy wants to increase the supply which would lower the price. That is WAY too logical for American politicians to grasp. The real culprit is of course the greedy oil fat cats that are purposely gouging the customer. At least that's what all the presidential candidates keep saying. Is this guy suggesting that they may not be being entirely honest with the American people?!
  • I'm convinced the big stockholders of automobile companies also have high stakes in oil companies. Elsewise, wouldn't we have cars that run on wind power, solar power or electricity by now?
  • State's Rights are only unchallenged at the federal level when someone or something stands to gain financially. I believe 3 southern Governors were overruled with federal court decrees regarding state university admissions back in the 50's-60's. The bottom line is $. If people are financially devastated due to tree-huggers and those in power that love them, watch off-shore kick into gear, Anwar and 2 other Alaskan sites with even bigger reserves opened up and the sudden interest in new and expanded refineries. We're there--right now. It's past time to act.
  • George Orwell:

    You are right on the point. I get so sick of the media hypesters referring to oil companies as big oil. And the worthless bunch in the Senate that does nothing for Americans that they are empowered to do join in the chorus.

    And we, the voters, are to select from 3 candidates for President, all Senators - ABSURD!

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