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Fox Guest Claims That the U.S. Can Produce All Of its Own Oil

Reported by Melanie - June 23, 2008 -

Neil Cavuto is predictably on a tear to brainwash Americans into thinking that we should drill for oil, both offshore and in ANWR, and that we should do it yesterday because tomorrow we'll wake up and gas prices will be way down and we'll be free of the Saudis.* (Never mind projections that if we the fat cat oil companies did either, projections are that we wouldn't see a drop of oil for eight to 10 years.) And the claims coming from the right are getting wilder and wilder.

With video.

The latest how-fantastic-can-the-promises-get prize goes to Tom Price (R-GA) who opened Cavuto's show today (June 23, 2008). The segment was captioned, "Did Saudi Summit on High Oil Prices Accomplish Anything?" In his intro, Cavuto said the Saudis are going to "open the spigot," but "prices rise despite that," Mr. Price, "What do you think?"

Price said, "Well, it's an important part, but it's not the answer. Conservation helps. Alternative fuel helps. But what will really help is American energy for Americans. [I small a campaign slogan in the making.] The reason the Saudi bump didn't help is because it's only 200,000 barrels a day and that's an important amount but we import almost 6 million barrels of oil a day. So what we need to do is to be able to utilize American energy, responsibly, for Americans. We can bump up to 6 million barrels a day, ourselves, and not be reliant on foreign oil."

Here's video:

Comment: The first thing that came to mind when I heard this was why are we offering no-bid Iraqi oil contracts to U.S. oil companies if we're flush with oil over here? Then again, is that where we're going to get it? And why haven't the oil companies exercised their right to drill in the offshore lots they've already leased? (Check out the Energy Information Administration. Interesting though outdated info there. They must be good if George Bush ignores what they have to say.)

* We began monitoring Fox in February, 2004. I covered two shows then, both of which have since been canceled. One was "Dayside w/Linda Vester." A frequent guest was Saudi prince Bandar bin Sultan. You should have seen how Vester kissed his ass.