Sen. John McCain (R-AZ) is heading to Texas today for a series of fundraisers with the Texas GOP elite in Dallas, San Antonio, and Houston. Wedged between the multiple money events will be a speech in Houston, which McCain has indicated will be on energy policy. Today, McCain told reporters that he will call for:
– Lifting the federal moratorium on off-shore drilling established by President George H.W. Bush,
– Providing incentives to states to commence off-shore drilling, and
– Suspending the gas tax.
This suite of proposals adds up to a big fat kiss to Big Oil and its conservative allies — at the expense of everyone else. Unrestrained fossil fuel use delivers obscene profits for Big Oil but is a threat to the planet. McCain’s strong talk on global warming is proving unserious — much as candidate Bush’s campaign pledge to regulate carbon dioxide in 2000 turned out to be false. At the very same press briefing, McCain backtracked from his vaunted mandatory system to reduce greenhouse gases.
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 receipts:
|1990 to 2008 cycle (May), Center for Responsive Politics, compiled by Center for American Progress Action Fund.|
According to a Campaign Money Watch analysis of campaign finance data provided by the nonpartisan Center for Responsive Politics Center, John McCain and his leadership committee have accepted at least $1,069,854 from the oil and gas industry since 1989. Despite his mediagenic but inconstant opposition to drilling in the Arctic National Wildlife Refuge, McCain’s voting record on energy policy has been consistently friendly to Big Oil — and since his campaign for president began last year, he’s been steadfast: Read more