KRAZY KUDLOW

Larry Kudlow is one of the more stupid people among those idiots who believe in the Free Market Fairy and he adds to his reputation with this moronic post in the NRO:

When asked about gas prices at the pump, and whether they could go any lower, Sen. McCain said he didn’t think so because “You’ve got a finite supply, basically, and a cartel controlling it.”

This is exactly wrong. There is no finite supply, or if there is we are 100 years away from it. I don’t know who has put this thought into the senator’s mind, but it is a bad thought in terms of energy and a bad thought in terms of the politics of this campaign.

His first statement is preposterous and his second statement doesn't make any sense. Of course oil is a finite resource and of course it's finiteness doesn't change with time.