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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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?