August 5th, 2008
02:03 PM ET

McCain or Obama more sympathetic to big oil?


FROM CNN's Jack Cafferty:

Barack Obama has a new ad out that tries to tap into Americans' anger over rising gasoline prices. Obama's target is John McCain.

The ad says:

“Every time you fill your tank, the oil companies fill their pockets. Now big oil's filling John McCain's campaign with $2 million in contributions because instead of taxing their windfall profits to help drivers, McCain wants to give them another $4 billion in tax breaks. After one president in the pocket of big oil, we can't afford another.”

Factcheck.org says the actual number is $1.3 million, not $2 million, and the claims about tax breaks for big oil are a little fuzzy.

The fact is both Obama and McCain have flip-flopped on the issue of offshore drilling. And both men have been quarreling rather childishly about which one wants to solve America's energy problems more. Obama points out that for 26 of the 30 years it took for America to develop its addiction to foreign oil, John McCain was a part of the Washington establishment that looked the other way and allowed it to happen.

McCain's camp says Obama's ad is misleading, that it doesn't mention the $400,000 Obama got from employees of oil companies. And they say McCain voted against a 2005 bill that provided billions in tax breaks for energy producers. Obama voted for it.

Voters have to remember that politicians will say anything in order to be elected. Whether this latest blustering amounts to any more than a big political wind remains to be seen.

Here’s my question to you: As president, which candidate would be more sympathetic
to the big oil companies: John McCain or Barack Obama?

Interested to know which ones made it on air?


Filed under: Barack Obama • Big Oil Companies • John McCain