Monday, March 31, 2008

Fact Check: Obama and Oil Money


Fact Check: Obama and Oil Money

WASHINGTON (AP) — Democratic Sen. Barack Obama has seized on a key feature of voters' economic concerns — rising fuel prices — and is casting himself as the candidate who could bring about energy independence because he is not beholden to energy companies.

Last week, Obama aired a television ad in Pennsylvania called "Nothing's changed" that outlines his energy proposals while declaring, "I don't take money from oil companies or Washington lobbyists, and I won't let them block change anymore."

THE SPIN: In his ad, Obama states: "Since the gas lines of the '70's, Democrats and Republicans have talked about energy independence, but nothing's changed except now Exxon's making $40 billion a year, and we're paying $3.50 for gas. ... I don't take money from oil companies or Washington lobbyists, and I won't let them block change anymore. They'll pay a penalty on windfall profits. We'll invest in alternative energy, create jobs and free ourselves from foreign oil."

The Clinton campaign last week accused Obama of "false advertising."

"Senator Obama says he doesn't take campaign contributions from oil companies but the reality is that Exxon, Shell, and others are among his donors," Clinton spokesman Phil Singer said.

Image,News Source and The Rest: Associated Press

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