Tags: clinton | oil | prices

Hillary: Oil Prices Will Drop if I Win

Sunday, 23 Dec 2007 06:36 PM

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Sen. Hillary Rodham Clinton says voters are sure to see one immediate benefit if she is voted president: a drop in oil prices.

Speaking in Manchester, N.H., Clinton said oil-producing countries would lower prices in an attempt to foil her plans to reduce U.S. dependency on foreign oil.

"I predict to you, the oil-producing countries will drop the price of oil," Clinton said, according to the New York Daily News. "They will once again assume, once the cost pressure is off, Americans and our political process will recede."

She blamed President Reagan for "dismantling" the effort begun by President Carter to wean America from foreign oil.

"Because costs were low, people didn't care, didn't complain," she said.

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