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New Obama Ad. McCain "In the Pocket of Big Oil"

August 04, 2008 6:52 AM

As Sen. Barack Obama, D-Ill., kicks off a week focused on energy, his campaign will on Monday begin running a new TV ad that attacks Sen. John McCain as "in the pocket of big oil."

"Every time you fill your tank, the oil companies fill their pockets," the narrator says as the screen reads: "$143 Billion in Profits Over the Last Year."

As the ad cuts to a photo of McCain, the narrator says: "Now Big Oil’s filling John McCain’s campaign with $2 million in contributions," citing the Center for Responsive Politics. "Because instead of taxing their windfall profits to help drivers, McCain wants to give them another $4 billion in tax breaks."

This claim, cited on screen as the handiwork of the liberal Center for American Progress, is an apparent reference to McCain's proposal to cut corporate taxes -- for all companies, not just oil companies -- from 35 percent to 25 percent.

As the camera pulls back from the photo of McCain to reveal him standing with President Bush, the narrator says, "After one president in the pocket of big oil, we can’t afford another. Barack Obama: A windfall profits tax on big oil to give families a thousand dollar rebate. A president who’ll stand up for you."

"I’m Barack Obama and I approve this message," says the candidate.

UPDATE: McCain spokesman Tucker Bounds writes to say, "Barack Obama's latest negative attack ad shows his celebrity is matched only by his hypocrisy, after all it was Senator Obama, not John McCain, who voted for the Bush-Cheney energy bill that was a sweetheart deal for oil companies. Also not mentioned is the $400,000 from big oil contributors that Barack Obama has already pocketed in this election."

August 4, 2008 | Permalink | Share | User Comments (327)

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The fact that oil prices have dropped slightly in the last 2 weeks indicates that the oil companies are attempting to take away Obamas' leverage. Before that, Bush talked of negotiating with Iran for the same reason. I am not fooled. Go Obama!

Posted by: EdwinLJones | Aug 5, 2008 6:26:20 PM

The actual amount received by McCain from Big Oil so far is $1.3 million, it will likely exceed $2 million when the July numbers are released, true Obama didn't mention the $300 thousand he received from Big Oil, but look what he's offering them, possibly some new Offshore drilling areas and a proposal to rescind the $17 billion in incentives Big Oil receives from the U.S. Taxpayer and to replace it with a Windfall Profits Tax.....it's kind of hard to say that Obama is being bought by Big Oil, on the other hand McCain wants to give Big Oil everything it wants including Offshore Drilling leases and bigger Tax Cuts......which candidate do you think is being influenced by Big Oil's donations?

Posted by: Lew, Idaho | Aug 5, 2008 4:53:38 PM

"Not sure about you but my wallet can't afford another 4 years of GOP leadership. You had your chance...you totally destroyed our country. Now it is time to move aside!"

Wow what insight and deep thinking. I would counter that with the country was fine until after democrats got in charge of congress and since then we've had mortgage fallout, skyrocketing gas prices, and other problems with the economy. This also would be simple minded since both parties' contribute to problems.

Posted by: Cryos | Aug 5, 2008 3:07:25 PM

Not sure about you but my wallet can't afford another 4 years of GOP leadership. You had your chance...you totally destroyed our country. Now it is time to move aside!

Posted by: I Can't Afford McSame | Aug 5, 2008 2:37:34 PM

"MIssy M, Republican's have blocked more energy legislation, and more legislation period than any congress in history. It's not the Dems do nothing, it's the Republican's do nothing congress, they block votes then whine that nothing is getting done rather than attempt to govern as adults."

Nice smokescreen. So attempting to govern as adults is being like Pelosi and refusing to allow votes on drilling because she wants to "save the world"?

Democrats since taking over congress have been playing power trips like Pelosi causing the obstructionism. They hold meetings behind closed doors with only other democrats and do not allow republicans to debate on the bills, add amendments, etc. They make up their own radical bill without any bipartisan input then submit it to a vote. What do you think will happen? This sounds like the behavior of bratty kids or bullies more than adults so you really should look into congressional activities since the democrats have been in power before making false statements like the above.

Posted by: Cryos | Aug 5, 2008 2:31:46 PM

MIssy M, Republican's have blocked more energy legislation, and more legislation period than any congress in history. It's not the Dems do nothing, it's the Republican's do nothing congress, they block votes then whine that nothing is getting done rather than attempt to govern as adults.

Posted by: tom | Aug 5, 2008 1:59:39 PM

Hopefully a lot of democrats can look at the real numbers behind american versus foreign industries and see you are being completely scammed by liberal politicians and the MSM to run american companies out of business and transfer wealth around the world. Unfortunately I think the simple minded "big bad american corporations" will continue to dominate and the liberal followers will legislate themselves out of jobs unknowningly. Please think globally when you spout off about evil corporations and remember that american companies have to compete with foreign companies using no environmental standards and child/slave labor.

Posted by: Cryos | Aug 5, 2008 1:29:05 PM

Right on Ragnar thank you! I hadn't found the oil company list but that is exactly my viewpoint. Democrats seem concerned with demonizing and punishing only AMERICAN companies which benefits all their foreign competition.

A perfect example is american auto companies used to be the big evil republican supported "big auto" until they fell threw the floor then I guess democrats were satisfied we had another failing industry and moved onto the next. I would guess that if you look at donations closely democrats have huge sums rolling in from China, India, the EU and the middle east since their punish american companies stances directly benefit the foreign competitors at american consumers' expense.

Posted by: Cryos | Aug 5, 2008 1:19:14 PM

peoples_prez - There will always be people who vote based on their own personal bias rather than the issues. Just as many people are opposed to McCain simply because of his age (in the workplace, we call that age discrimination). Of course it's not right to place a vote based on age, race, religion, etc. - but I think that most people who are opposed to Obama are opposed to his ideas, his voting record and his socialized agenda for this country, along with his dubious associations like Rev. Wright, William Ayers, and others - those things make many Americans uneasy. Race has nothing to do with it.

Posted by: MIssy M | Aug 5, 2008 12:58:46 PM

ABC should point out that this ad is a flat out lie. McCain took in $1.3 million from oil companies - not $2 million. Obama himself took at least $400,000.

Posted by: MIssy M | Aug 5, 2008 12:25:00 PM

Here is the list of the 20 largest oil companies in the world; Obama's tax increase would only apply to the 17th and 20th on this list and the others would benefit as a result of only these ttwo being taxed:

1 National Iranian Oil Company (Iran)
2 Saudi Arabian Oil Company (Saudi Arabia)
3 Iraq National Oil Company (Iraq)
4 Qatar General Petroleum Corporation (Qatar)
5 Abu Dhabi National Oil Company (UAE)
6 Kuwait Petroleum Corporation (Kuwait)
7 Petroleos de Venezuela.S.A. (Venezuela)
8 Nigerian National Petroleum Corporation (Nigeria)
9 National Oil Company (Libya)
10 Sonatrach (Algeria)
11 Gazprom (Russia)
12 PetroChina Co. Ltd. (China)
13 OAO Rosneft (Russia)
14 Petronas (Malaysia)
15 OAO Lukoil (Russia)
16 Petroleos Mexicanos (Mexico)
17 ExxonMobil Corporation (United States)
18 BP Corporation (United Kingdom)
19 Egyptian General Petroleum Corp. (Egypt)
20 Chevron Corporation (United States).

So why was it again that Obama wants to punish businesses headquartered in the United States?

I think his idea about inflating tires and tune-ups was a better idea.

Posted by: ragnar30066 | Aug 5, 2008 11:42:31 AM

Obama should know -- he was in Big Oil's pocket first.

By the way, notice how Obama is having his hair highlighted with gray? Trying to look like he older and experienced --LOL!!!

Posted by: DreadNovember | Aug 5, 2008 11:29:57 AM

McCain has wined and dined with an oil company "big-wheel" I see. Didn't he also plan on being with one here a month or two back at the oil exec's ranch, but it had to be cancelled for some reason?

So is this the SECOND oil company big shot that McCain has been (or attempted to be) with?

Not sure, but I think I see a trend here.

Posted by: LOfromMO | Aug 5, 2008 10:29:49 AM

msdttony, a government takeover of the oil industry is NOT the answer. These are private companies. They have the right to make as much profit as they want. What we need to do is rescind the limitations that the government and environmentalists have placed on energy production for thirty years. They have hindered both increasing supply of oil (blocking offshore drilling and blocking the building of new refineries) AND decreasing demand for oil (blocking the building of new nuclear plants) for thirty years. The answer is begin developing renewable fuels NOW...begin building new nuclear plants NOW...rescind the ban on offshore drilling and begin the process NOW.

Posted by: James Danley | Aug 5, 2008 9:45:55 AM

chattyway you forgot to mention McSame's tendency to take money from Big Oil, a lot more money. Just a couple days after McBush changed his position on off-shore drilling 8 members of the Tess family(Oil) donated 28k each to his campaign. That is a whopping $225k. Do you want a senator running the country who is in the middle(Obama) or the most neocon(McBush)? There are 38 more liberal senators than Obama. McSame voted 95% of the time with Bush in '07 and 100% in '08(when he does show up to his job).

Posted by: jstilabo | Aug 5, 2008 9:27:40 AM

Think about what has happened under 8 years of GOP energy policy. Certainly, it's easy to see that anything would be an improvement over those policies. Sen. Barack Obama has proposed a comprehensive compromise to get stalled energy legislation through Congress. Now, McCain has decided that he too will support this compromise. This shows who is the leader, and who is the follower. Obama 08!!!

Posted by: caliguy55 | Aug 5, 2008 8:52:02 AM

Obama opposes drilling in the Gulf. He opposes atomic energy. His only solutions are tire pressure and taxation which will be passed on to the consumer. Mentor Ted Kennedy opposes wind generation.

We need to do a little checking. Sounds like Obama and Kennedy might own oil company stock.

Posted by: Oonogil | Aug 5, 2008 8:29:26 AM

many guyz here are incredible
Your country's facing a debt of nearly
500 000 000 000 dollars...Unless you ask China to help you wipe that ,you will have to pay MORE TAXES!!!!!!it's almost the ONLY way you can manage that by yourself..
RAISE YOUR TAXES and this time , for once CALL YOUR CONGRESS AND GOVERNMENT FOR ACCOUNT...DEMAND!!!!!
Did you know that you need the government to spend around 200 000 000 000 to have any chance to start recovering?
But you don't wanna hear that don't you?
...Whoever you decide to put in the White House, good luck to you all because we know that the economy is gonna be ...tough on you!!!!

Posted by: Avembe | Aug 5, 2008 8:07:08 AM

Since we really went to Iraq for the oil we should let Iraq oil pay down the war debt, and since our soldiers are really dying for big oil, the oil companies should be responsible for the rest of the war debt thus lowereing the National debt greatly. Then we should use Brazil as a model, and quit buying foreign oil and mandate every car in America to flex fuel. Any car can be converted cheaply to flex fuel, and all the farm land that is now being subsidised should be planted. We should not let one drop of our own oil or ethanol go overseas until our needs are met. Actually considering that Venenzuela pays about 12 cents a gallon for gas, America really should consider centralizing American oil and retire all the oil CEO's. They should just about have enough of a nest egg to be able to. We really have become a joke to the rest of the world, and the real joke is that we pump billions of our dollars to all of them, and we can't even figure out what the problem is. The whole system seems to be broken, and it starts at the top.

Posted by: msdttony | Aug 5, 2008 7:04:49 AM

It's negative, it's negative!! As the Barack Hussein Obama camp cries!

Go for it Barack, because there is nothing to positive to say about you. It's just a matter of time before he throws all his supporters under a bus, as he has already changed his position on practically everything since the primares. Drill, drill drill!

Posted by: rob | Aug 5, 2008 5:06:21 AM

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