McCain credits Bush for recent $10-a-barrel drop in oil price?

Does Bush get credit for $140 a barrel or is it a one way street?McCain credits Bush for recent $10-a-barrel drop in oil price?
He gets the blame when it rises...so why shouldn't he get the blame when it goes back down.McCain credits Bush for recent $10-a-barrel drop in oil price?
McCrazy is an idiot! The Energy Department released a report today stating the price of oil has dropped because the demand is not as strong as thought.





The supplies of oil and gas in the U.S. are greater than analysts predicted and the stronger dollar have all curbed speculation prices for a barrel of oil.





Speculators know the Democratic Congress will not support a lame-duck Presidents push to lift the off-shore drilling ban. Even before Dumbya made his statement, oil prices had begun to drop, as more people are conserving fuel.





McCrazy McKook is an embarassment!
He scared some speculators (probably on purpose - so he could pretend in the face of the reality that his administration has been a complete and utter failure as if they managed to do some good).





Oh - and don't worry - it'll be $200 a barrel before he is out of office.





Regardless of who gets elected it ain't going back down either- it might get higher than that.





Even if we started drilling the living crap out of alaska, california, and everywhere else we've got oil starting today.





Oil companies know when they've got someone by the nuts, and they can squeeze those suckers tighter and tighter.
Oil prices dropped because Bush reversed his position and sent an envoy to meet with Iranians to discuss sanctions.





This is not a mere flip-flop. His reversal signals that the American government (Bush, Cheney etal) have figured out that we are not really ready for a war with Iran.





A policy reversal of this magnitude (meeting without preconditions after asserting loud and long that it would be a form of appeasement)(and chastising Obama for even suggesting it) and doing it during an election year when the Republican candidate is struggling, shows that it is a matter of the greatest importance to settle with Iran peacefully.





It is simply a matter of the speculators seeing the veil of impending war, and the closing of the straights of Hormuz, suddenly lifting.





No war, no cutting off of Mid-East oil suppy. Simple as that.





I thought McCain was supposed to be a big-shot international policy and national security expert.





Seems to me that if he can't recognize something as simple and obvious as improving relations bringing oil prices down, he is not much of a strategist after all.





Bush gets the credit...but not for the reason that McCain claims.
you should know from reading yahoo answers that bush is responsible for everything bad in the world and is against everything good. all of the liberal hippies would have jobs if bush didn't persoanlly fire them all from their joint-rolling jobs. bush started the fires in california with his fire-breath and his forked tail smashed into china and made the earthquakes. of course he's driving up the price of oil! he drinks 30 barrels a day!
it was $15+





and you (democrats, not the asker) already blamed Bush for $140 a barrell, and you blamed him for 9/11, and the bombs on the levy, and global warming... give him one thing...geesh
Even the White House admits Bush shouldn't get the credit; it's probably due to lower demand.





I do blame Bush, partially, for the higher price. If he hadn't lied and started a war, it might not have gotten into this mess to begin with.





I saw that on the news. It was a good laugh.
Hello,,that lying prick, he's made millions on the sell out of american people, him and that cheney turd will be in hades someday, then no body will protect them, ain't any problem getting even after death is there?
he announced off shore drilling which will lower speculation.


translation for libs: bush tells world he is getting more oil = less money.
McCain the flip flopper. When was the last time he had actually buy a tank of gas?