Oil's well: McCain campaign's 'gusher'

[babylonsister]

Oil's well: McCain campaign's 'gusher'
Senator struck gusher in oil money, campaign says drilling policy unrelated.
Posted July 27, 2008 9:00 AM
The Swamp

by Mark Silva



Sen. John McCain's call for off-shore oil-drilling may not have caught on in Congress, where Republicans view it as a way to bolster the world's oil supply and lower gasoline prices and Democrats tend to side with environmentalists on the sanctity of the Outer-Continental Shelf.

But it has caught on with the oil industry, whose executives contributed $1.1 million to McCain's presidential campaign last month, the Washington Post reports today on an independent watchdog group's study of the McCain campaign's fundraising.

Three quarters of McCain's oil haul followed the senior senator from Arizona's call for an end to the long-standing congressional moratorium on off-shore oil-drilling, the Post notes. And that $1.1 million take from Big Oil executives in June outstrips the industry's giving before that: $208,000 in May, $283,000 in April, $116,000 in March, by the Post's count.

McCain isn't the only one pushing for off-shore drilling. President has lifted an executive order banning it, which his father had signed, as a measure of his commitment to the cause. McCain has taken the recent drop in the price of oil on the world market as an indicator of the success of that symbolic move by Bush, who maintains that the world market will respond to U.S. initiatives.

"We have untapped oil reserves of at least 21 billion barrels in the United States,'' McCain had said in June, when he called for an end to the moratorium. "But a broad federal moratorium stands in the way of energy exploration and production. It is time for the federal government to lift these restrictions."

The Post notes that McCain made this address before "heading to Texas for a series of fundraisers with energy industry executives.'' The day after the speech, the Post has found, McCain raised $1.3 million at a closed-door luncheon and reception at the San Antonio Country Club.

""The timing was significant," David Donnelly, national campaigns director for the Public Campaign Action Fund. The nonpartisan campaign finance reform group -- whose Web-site does appear to target Republicans in hts bid for "clean money' -- conducted the analysis of McCain's oil industry contributions, the Post reports today. "This is a case study of how a candidate can change a policy position in the interest of raising money."

more...

http://www.swamppolitics.com/news/politics/blog/2008/07/oil_money_john_mccains_gusher.html

[liberal N proud]

Another idiot supported by and supporting big OIL

If this shill becomes President we are so much more screwed than we already are.

What is wrong with America that they can't see this?

Campaign says drilling policy unrelated my ass!

[liberal N proud]

1. oops