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Friday, May 28, 2010

GOP's Oil Trap

I agree with Kimberly Strassel of the WSJ, who argues that it does no good to the U.S. economy or like to their own electoral chances to take the traditional Democrat role of bashing oil companies, and BP in particular. In fact, Democrat Senator Mary Landrieu has it correct.

"I know that this committee has its eyes on the environment. We in Louisiana . . . not only have our eyes on it, we have our heart invested in it and we are making a living on that delta. But we need the oil that comes from offshore to keep this economy moving. We must examine what went wrong, weigh the risk and rewards, fix what is broken and move on . . . If we could do without this oil, we would. But we simply cannot—not today, not in the near future."

Unfortunately this spill worked out perfectly for the Left - they now have a willing partner in the GOP to increase regulations and restrictions on oil drilling - to the detriment of our economy.