McCain admits offshore oil drilling benefits ’psychological’ (://URLFAN)

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McCain admits offshore oil drilling benefits ’psychological’

Post Date: Jun 24, 2008 11:12 a.m.
Ranked website: jedreport.com (Ranks #5057 of 3,783,534)

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Yesterday in Fresno, John McCain finally delivered some straight talk on his offshore drilling plan, admitting it wouldn’t provide "immediate relief" on gas prices. So if it would take years to see any impact from offshore drilling, why the sudden urgency to rush it through Congress now without also passing a comprehensive long-term energy plan? "Exploiting those reserves would have psychological impact that I think is beneficial," he said. YouTube link Full transcript: "I don’t see an immediate relief, but I do see that exploitation of existing reserves that may exist -- and in view of many experts that do exist off our coasts -- is also a way that we need to provide relief. Even though it may take some years, the fact that we are exploiting those reserves would have psychological impact that I think is beneficial." H/T: Fresno Bee for raw video, MSNBC for transcript.

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