On Countdown, Keith Olberman discusses how John McCain's Energy Plan will benefit big oil corporations but not lower gas prices.
In a statement today, Obama pointed out how McCain's energy plan will not benefit working Americans, but big oil corporations, noting how McCain recieved huge donations from big oil corporations after he came out for off shore drilling and proposed big tax cuts for oil corporations:
"Perhaps the only thing more outrageous than Exxon Mobil making record profits while Americans are paying record prices at the pump is the fact that Senator McCain has proposed giving them an additional $1.2 billion tax break. While Senator McCain's plan has succeeded in helping his campaign raise over $1 million from oil and gas company executives and employees just last month, it won't lower gas prices or end our dangerous dependence on foreign oil. Instead of an energy policy that reads like an oil-company wish list, it's time to create a new American energy economy by investing in alternative energy, creating millions of new jobs, increasing fuel efficiency standards, and ending the tyranny of oil once and for all."
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