Wednesday, December 26, 2007

Elect me and oil prices instantly drop, says Hillary Clinton in Iowa

The prediction markets* don't have anything up.
No action at Ladbrokes either.

From the New York Daily News:

Hillary Clinton predicted Saturday that just electing her President will cut the price of oil.

When the world hears her commitment at her inauguration about ending American dependence on foreign fuel, Clinton says, oil-pumping countries will lower prices to stifle America's incentive to develop alternative energy.

"I predict to you, the oil-producing countries will drop the price of oil," Clinton said, speaking at the Manchester YWCA. "They will once again assume, once the cost pressure is off, Americans and our political process will recede."...MORE


*Iowa Electronic Markets