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McCain hasn't signed

By Stephen Dinan on Aug. 12, 2008 into Dinan

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Senate Republicans are stiffening spines for what could be the final showdown on expanding offshore oil drilling, but Sen. John McCain has not yet signed on.

In a letter to Senate leaders Jim DeMint, the South Carolina Republican who has taken a hard stance in favor of drilling, says he's rallied 36 senators to pledge to "actively oppose" any effort to extend the offshore drilling ban beyond Oct. 1.

Republicans have leverage, because Congress must actively extend the ban or it sunsets automatically. Democrats are looking to attach an extension to another must-pass bill, to try to force Republicans to accept it.

But McCain, who earlier this year flipped positions and now embraces more offshore drilling, had not signed on as of this morning. Oddly, his legislative shadow, Sen. Lindsey Graham, has.

Republicans' Senate leader, Mitch McConnell, also hasn't signed because the letter is addressed to him, but if he and McCain were both to join in, that would give Republicans 38 votes — just three shy of being able to guarantee a filibuster.

— Stephen Dinan, national political correspondent, The Washington Times

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There are 1 Comments

Mag7

Drilling for and capturing millions of barrels of oil is great except for two logistical problems. First, the tankers required to move the oil are far booked in advance, and they're booked solid. Second, the refineries are no more attainable. Refining for gasoline as opposed for jet fuel is the least profitable too. Don't look for Exxon to spend some of their billions in quarterly profits to build any tankers or refineries either, or then to simply make automobile fuel. Any finding for those commodities is coming out of yours and mine pocket, eihter in govt taxes or right at the pump. Why should we finance even more profit for Exxon? We're being lied to by those who stand to make trillions? The "Drill Now" stand is just a prop and it will never lower the price at the pump.
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