McCain: No idea how to lower the price of Oil.

In an interview with Greta Vansustern on Fox News John McCain said,"If someone can tell me how to get the price of a barrel of oil down, I'm willing to listen."

OK, start drilling for oil in Alaska and the Gulf of Mexico.  This raises the supply of oil on the world market. Higher supply levels lead to lower costs.

This is one of those things about politicians that makes you wonder who is running the country.  Surely he knows the basic economic law of supply and demand.  So why would he say such a thing?  If he doesn't know how to lower the cost of oil, how can he be our next president?

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