Big, Bad OilSubmitted by Katie Schlieper on Wed, 06/18/2008 - 1:22pm.
Experts will tell you that it would be years before American consumers would seen any benefit from the proposed offshore oil drilling President Bush is attempting to push through Congress. So why is Senator John McCain (R) pushing the idea on the campaign trail as a solution to rising gas prices? ThinkProgress speculates on McCain's change of heart -- and the money he's taking in from the oil and gas industry.
Strapped for cash and surrounded by Big Oil lobbyists, McCain is now embracing Bush’s Exxon-Halliburton energy policy. Although a “megabucks” fundraiser with Midland Texas oilmen was postponed, $1.5 million in donations have already been pledged. Midland County GOP Chair Sue Brannon told the Midland Reporter-Telegram what will happen at the fundraiser: “When the 15 oilmen giving big time money meet with McCain, all we’ll ask is that he be fair.” The millions McCain is raising in Texas will be added to his impressive haul of oil industry cash this campaign season — 74 percent of his lifetime receipt. They also note the large number of oil lobbyists who currently hold high-ranking posts on the McCain campaign. Now is most certainly the time to address rising energy costs, but lifting the ban on offshore drilling is a short-sighted bit of big business pandering that is both environmentally irresponsible and useless in the short-term. Shoveling money at the oil industry shifts valuable resources away from developing alternative energy which we're going to need in the near term anyway no matter how many shores we drill off of.
1 comment
What happened to the "maverick"? Where'd he go??? I guess he's seen the light. Ever since he wanted to be president, he needed to learn who really runs the GOP. It's truely the party of the powerful. So McCain, desperate to win, is pandering to anyone and everyone who will get him elected. What can we expect if he wins? Four more years of George Bush. He's a company man too. What else could anyone ever expect? No surprises. We know what we're getting. The only question is whether "the people" will be fooled again. It's a close call. Post new comment |
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