They say the most dangerous place in America is the space between Chuck Schumer and a camera. He is eager to speak on any subject, regardless of whether or not he knows anything about the subject. He now thinks that more drilling for oil is a good idea, just not in America. How does drilling in Arabia reduce our dependence on foreighn oil? It's not clear to me. Oh well. Here is a blog from "Ace of Spades:"

Chuck Schumer Suggests Novel Plan for Reducing Price of Oil: Drill More! (in... Saudi Arabia)
—Ace
He informs us that just 500,000 extra barrels of oil drilled in Saudi Arabia (which would take years and years to actually come on line, of course) will increase not only present supply but future supply, and thus knock the price of oil down, and stop endless up-bidding on the price by speculators, and all that other good stuff.

He does not explain, though, why Saudi Arabian oil has this magical property of increasing supply and psychologically pulling the carpet out from under speculators, and yet American oil does not.

We should be grateful that Chuck Schumer has at least grasped the interrelation of supply and demand. Now we just need explain to him the notion of fungibility, that a barrel of American oil is precisely the equivalent of Saudi oil as far as supply goes, and we'll be in like Flynn.

And on this point: Of the 18 billion in known reserves in the seas alone, ten million are off the coast of California, and those derricks could start producing oil within a year.

It seems a lot of them already are drilled and capped and ready to produce oil. They've just been shuttered by the ban on offshore drilling.

Californians are opposed to drilling off their coast. It is not clear why. About 1% of the oil that washes up on beaches comes from oil wells. Mostly it is natural seepage. Californians, Democrats, and environmentalists are not interested in facts; they just know that oil is bad.