If you Like the Bush Prices

Jan 2000 Oil: $28/barrel
Jun 2008 Oil: $138/barrel.
Increase of 400%

You're going to LOVE the McCain Prices.






McCain on Oil:
1999: During his 2000 run, MSNBC debate, Dec. 14, 1999: "I'm here to tell you that I'm going to tell you the things that you don't want to hear, as well as the things you want to hear, and one of those is ethanol. Ethanol is not worth it. It does not help the consumer."

More: "Those ethanol subsidies should be phased out, and everybody here on this stage, if it wasn't for the fact that Iowa is the first caucus state, would share my view that we don't need ethanol subsidies. It doesn't help anybody.”

2003: Here's McCain’s language in November 2003 against ethanol…"Ethanol is a product that would not exist if Congress didn't create an artificial market for it. No one would be willing to buy it. Yet thanks to agricultural subsidies and ethanol producer subsidies, it is now a very big business -- tens of billions of dollars that have enriched a handful of corporate interests -- primarily one big corporation, ADM. Ethanol does nothing to reduce fuel consumption, nothing to increase our energy independence, nothing to improve air quality."

Public pressure on oil industry to invest in alternatives:

Q: Should the oil industry be required to use some of their profits to help solve our energy problems?

McCain: I would hope that they would use those profits to further the cause of alternate energy, nuclear power, a lot of other ways that we have to employ in order to eliminate our dependence on foreign oil.

Q: Do you support drilling/exploration off the coasts of Florida and California?

McCain: I wouldn't drill off the coast of Florida unless the people of Florida wanted to. And I wouldn't drill off the coast of California unless the people of California wanted to, and I wouldn't drill in the Grand Canyon unless the people in Arizona wanted to.

Q: But you wouldn't require the oil industry to use its profits to help pursue alternative energy?

McCain: I would not require them to. But I think that public pressure and a lot of other things, including a national security requirement that we reduce and eliminate our dependence on foreign oil.

FLIP-FLOPS:
In 2003, McCain said that ethanol "does nothing to reduce fuel consumption, nothing to increase our energy independence, nothing to improve air quality." Campaigning in Iowa in August 2006, he described ethanol as a "vital alternative energy source, not only because of our dependency on foreign oil but its greenhouse reduction effects." Yesterday, in Massachusetts, he reverted to his anti-ethanol position.