While McCain has not lead the effort to increase supply. Sold out on the idea that it will take ten years before oil starts flowing. Which had been being sold by the major media until the prices got high enough that Bush signed an executive order allowing more drilling (hotair.com). Stocks responded on the optimism that the drain on business from the high cost of energy would improve down the road. Oil price responded to a future of more supply by going down (suitably Flip).
There is still more to do to insure an increase in supply that speculators believe may happen. Farah launches campaign to melt down phones, e-mail boxes before adjournment day in October (WND.COM). Instead of a gas-tax holiday, Congress considers gas-tax hike (hotair.com)
The 60 Minutes Deception
Should we believe everything we hear on the news? Can we trust the national media? Are we being fed the truth or an agenda?