Buried in an article about Obama’s call for releasing oil from the Strategic Oil Reserves is a succinct summary of McCain’s nonsensical energy plan.
Obama emphasized on Monday that using reserves is a temporary fix and that drilling is not “a particularly meaningful short-term or long-term solution.” McCain has said that drilling would have a “psychological” benefit for consumers; his proposal to suspend the 18-cent-a-gallon federal gas tax was ignored by lawmakers on Capitol Hill and criticized by economists, who said it would not lead to a noticeable change in prices.
On the stump, McCain talks frequently about electric power, a subject that energy experts say will do little to affect gas prices. His plan to build 45 nuclear power plants, which he will highlight with a visit to a Michigan plant Tuesday, would take decades.
Psychological benefit? Really? I’m not sure consumers would worry less about high gasoline prices knowing that oil corporations have the ability to drill for oil sometime in the future. And nuclear plants to be completed long after Senator McCain is deceased will help lower gas prices how exactly? Any specifics about where these plants are going to be located? In a convenient location that nobody would complain about, I’m sure. Show me these 45 new locations on a map, please.
(H/T a letter in Altercation by Ben Miller)
[Gas At Last – Alaskan Service Station]