
(CNN) - Sen. John McCain is expected Monday to call for a $300 million prize for innovation that would help the U.S. decrease its reliance on oil, a day after his rival for the presidency called for greater oversight for energy traders.
Oil and energy are expected to be on the agenda as McCain campaigns in California and Sen. Barack Obama speaks in New Mexico on Monday.
WATCH John McCain's $300 million incentive
McCain, during a town hall-style meeting at Fresno State University, is expected to propose a $300 million prize for whoever can develop an automobile battery that "has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars."

Compiled by Mary Grace Lucas
CNN Washington Bureau
CNN: A battle of accused political 'flip-flops'
Days after both men reversed course on major issues, the presidential campaigns of Sen. Barack Obama and Sen. John McCain spent much of Sunday's talk-show circuit working to ensure accusations of "flip-flopping" don't stick.
LA Times: An immigration end run around the next president
With neither Obama nor McCain sharing their stance on the issue, advocates of stricter policies are working at the city, state and congressional levels to change the political landscape.
AP: Obama targets 'Enron loophole'
Addressing high oil prices, his campaign says he will discourage speculation and bring oversight to unregulated trading.
Washington Times: GOP courting blue-collar vote; Traditionally Democratic bloc targeted
The Republican Party is going after blue-collar voters and other key blocs that traditionally support Democrats but did not back Sen. Barack Obama in primary contests, a top party official said.
USA Today: Can Congress really lower gas prices?
Will Congress do something to cut gas prices before you drive off to the beach this summer? Not a chance, energy experts say.

Compiled by Mary Grace Lucas, CNN Washington Bureau
* Sen. John McCain holds a town hall meeting and then a media availability in Fresno, CA.
* Sen. Barack Obama holds a “Change that Works for You” discussion with working women at the Flying Star Café in Albuquerque, NM.


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