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McCain ‘nukes the fridge’: Now he believes that doing nothing can lower oil prices

How far we have come from the principled maverick of the 2000 campaign:

Republican John McCain on Wednesday credited the recent $10-a-barrel drop in the price of oil to President Bush’s lifting of a presidential ban on offshore drilling.

That’s right, the man who wants to be the next President of the United States believes that doing absolutely nothing — which is what Bush did when he reversed his father’s ban, since the congressional ban is still in place — dropped oil prices $10.

You know you have jumped the shark nuked the fridge (see below) as a candidate when even the White House paid shill press secretary won’t go that far:

The White House didn’t go that far. Presidential spokeswoman Dana Perino said the price drop also could reflect diminished demand.

“I don’t know if we fully deserve the credit,” Perino said.

Considering that after Congress opened up most of the Gulf of Mexico to drilling in 2006, oil prices doubled in two years (see “Offshore drilling raises oil prices*”), how could not opening up the rest of the outercontinental shelf (which in any case has under half the oil of the Gulf) possibly drop oil prices?

Perhaps this is what Senator McCain meant when he said that:

Even though it may take some years, the fact that we are exploiting those reserves would have a psychological impact that I think is beneficial.

Apparently even thinking about exploiting those reserves has a psychological impact on energy traders. The Sierra Club describes this theory as “Jedi Mind Tricks.”

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Previously, I would have said that McCain had jumped the shark to denote the point “at which the characters or plot veer into a ridiculous, out-of-the-ordinary storyline.” But that term that dates back to a 1977 episode of Happy Days. And while a very old cultural reference certainly suits McCain, I try hard to keep this blog at the bleeding edge. Now the term of art is “Nuke the fridge,” which is

A colloquialism used to delineate the precise moment at which a cinematic franchise has crossed over from remote plausibility to self parodying absurdity, usually indicating a low point in the series from which it is unlikely to recover. A reference to one of the opening scenes of Indiana Jones and the Kingdom of the Crystal Skull, in which the titular hero manages to avoid death by nuclear explosion by hiding inside a kitchen refrigerator. The film is widely recognised by fans as a major departure from the rest of the series both in terms of content and quality.

McCain is certainly a very long-running franchise, diminishing in both content and quality. I think “self parodying absurditydescribes his energy positions. And, of course, he is a huge fan of nuclear power (see “McCain says no to Boxer-L-W without giga-subsidies for nukes” and “McCain calls for 700+ new nuclear plants (and seven Yucca mountains) costing $4 trillion”).

So, nuke the fridge it is [notwithstanding the fact that I actually thought the recent Indiana Jones movie was okay].

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