Governor Sarah Palin of Alaska, John McCain's VP pick----- speaks volumes!
July 11 2008
From Investors Business Daily :
BD: Some politicians and presidential candidates say we can't drill our way out of our energy problem and that drilling in ANWR will have no effect. What's your best guess of the impact on prices?
Palin: I beg to disagree with any candidate who would say we can't drill our way out of our problem or that more supply won't ultimately affect prices. Of course it will affect prices. Energy being a global market, it's impossible to venture a guess on (specific) prices. We never would have thought oil would reach $140. Only a few months ago, we thought $100 would be the peak. And here it is at $140 (with) no end in sight.
It's very difficult to determine, but we do know the demand is going to continue to increase. The demand in Asia especially is one reason why prices are going to increase. But if I could predict energy prices, I wouldn't be sitting here today.
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