Palin’s full speech contained yet another energy lie, one that is very revealing:To confront the threat that Iran might seek to cut off nearly a fifth of the world’s energy supplies….
Not even close. Yes, if you live in a world where the only energy source is oil, then the Persian Gulf countries do produce 20% of the total world supply... But we don’t live in a world where the only energy supply for the world is oil — well, maybe Palin and the McCain campaign does, but the rest of us don’t. In the world the rest of us live in, oil is maybe 20% of total world energy usage.