June 25th, 2008
02:40 PM ET
10 years ago

McCain labels energy plan 'The Lexington Project'

McCain is calling his energy plan The Lexington Project.

McCain is calling his energy plan The Lexington Project.

LAS VEGAS (CNN) - John McCain pledged Wednesday that “in a world of hostile and unstable suppliers of oil,” the United States will achieve “strategic independence” from foreign oil by the year 2025.

For the first time, McCain labeled his energy plan "The Lexington Project."

Watch: McCain promotes 'The Lexington Project'

“Remember that name,” he told an audience at the University of Nevada-Las Vegas. “Named for the town where Americans asserted their independence once before.”

National security, he said, makes it imperative to wean the nation off its foreign energy needs.

“Energy security is a vital question because it concerns America's most fundamental interests, and above all the safety of our citizens from the violence of the world,” he said.

“All the tact of diplomacy cannot conceal a blunt reality. When we buy foreign oil, we are enriching some of our worst enemies. And in the Middle East, Venezuela, and elsewhere, these regimes know how to use the power of that wealth.”

McCain’s speech was an amalgam of the energy policy prescriptions that he has outlined in recent days on the campaign trail. He called for developing green technologies, building 45 new nuclear reactors, expanding clean coal research, and upgrading existing infrastructure.

He proposed incentives for creating new fuel-efficient vehicles and once again offered a prize of $300 million to the creator of a car battery that would far exceed current energy standards.

McCain, who has been admonished by Democrats and environmentalists for his call to lift the federal ban on offshore drilling, struck back at his critics in the speech.

“Opponents of domestic production cling to their position even as the price of foreign oil has doubled and doubled again,” McCain said. “They were against it when a gallon of gas cost two dollars. They are still against it when a gallon of gas cost well above four dollars.”

“As a matter of fairness, we must deal with the here and now, and assure affordable fuel for America by producing more of it ourselves,” he said.

Watch: McCain discuss partisan gridlock on energy policy.

Filed under: John McCain
soundoff (176 Responses)
  1. Mk

    You have experience managing people?
    Really? Cuzz..the KEY to a good manager is the ability to embrace
    and implement change. Everyone knows that is one of the most difficult jobs in management. Companies constantly change to stay competitive.
    How many people do you manage????

    June 25, 2008 04:07 pm at 4:07 pm |
  2. puff

    MCCAIN IS CRUISING!!! I AM PROUD TO SAY I WILL VOTE FOR HIM. HE IS CERTAINLY A MAN OF SUBSTANCE. That girlie man he is running against will lose in a landslide. OR,,, he will try to steal John's ideas. He won't get away with it. We are on to you Nobama. We no you have no ideas in that empty head of yours.
    MCCAIN 08!!!!

    June 25, 2008 04:09 pm at 4:09 pm |
  3. bill


    June 25, 2008 04:10 pm at 4:10 pm |
  4. bill


    June 25, 2008 04:12 pm at 4:12 pm |
  5. Ian

    Too bad it'll never be implemented.

    June 25, 2008 04:13 pm at 4:13 pm |
  6. Farrell, Houston, Tx

    2025!! What the heck is this old man talking about. Now I know he's senile. I'm 65 and wouldn't even speculate, project, foresee or whatever else you might want to call it, to talk about 2025.

    June 25, 2008 04:13 pm at 4:13 pm |
  7. BTHogan

    Venezuala provides cheap oil and gas for low-income Americans. And no 9/11 pilots. Whose enemy, exactly, is Venezuala?

    June 25, 2008 04:15 pm at 4:15 pm |
  8. Shiloh Everett

    Bush called off the clean up of the Hanford nuclear site and they sent some off the waste to Idaho near the site of a new plant 40 miles from Boise where the FRENCE co. AREVA is building a uranium enrichment and nuclear power plant. This Fench co. also has 14 other nuc plants in the US because no US co. found them cost effective projects. THIS IS NOT SAFE! What safe is McBush talking about. The plant in Idaho is happening now -by France! AREVA has a bad safety record and has been kicked out of other countries – but we invite them in. WHAT SAFETY! WE still have 200 acres of land not cleaned up in WA state and Bush called off the clean up. NO MORE NUCLEAR WASTE UNTIL WE CLEAN UP WHAT WE HAVE!

    June 25, 2008 04:17 pm at 4:17 pm |
  9. Glenn

    What a clown! So pathetic!

    June 25, 2008 04:18 pm at 4:18 pm |
  10. floridian

    Attention B H O: American innovation is not a gimmick. I like McCain's idea to include rewarding our inventors with a prize for break through solutions to our energy problems.

    June 25, 2008 04:19 pm at 4:19 pm |
  11. Obama: 2nd Term Carter

    What's up with THAT? June 25th, 2008 3:29 pm ET

    Off shore drilling?

    Hell the oil companies aren't drilling on the 68,000 acres they already are leasing in the Gulf of Mexico. They are only drilling on 3,000, not even a quarter of what they can


    Just b/c you have a lease does not mean there is oil there!

    June 25, 2008 04:22 pm at 4:22 pm |
  12. Watermann

    How lucky you are. The price for gas in Germany is double as high as in the US and still rising. Our unemployment rate is close to 10 % However, your Mr. McDrill, drill, drill is completely wrong. Drilling and constructing new refineries will take decades. There is only one solution for the time being. Forget about "muscle cars", Pick Up trucks and driving to the store a quarter mile from your home. Use your brain instead of your car.

    Regarding nuclear energy, we had the same problems years ago. At first you have to answer the question where the waste should be deposited. By the way, does anybody remember "Three Mile Island" or "Chernobyl" in the Ukraine? So, keep cool and think before you believe in the words of a politician who is campaigning for President.

    June 25, 2008 04:22 pm at 4:22 pm |
  13. roger

    ooo really? Mccain wake up we are on oil for long time and you are part of the oil compnies we dont need your flip flop. Obama 08!!!!

    June 25, 2008 04:23 pm at 4:23 pm |
  14. ReaganDem84

    As a 110% supporter of Hillary's "Insourcing for the 21st Century", I have read J-Mac's VERY SPECIFIC "The Lexington Project" and his policy combines sound energy and environmental policies to create jobs, jobs and more green-collar jobs!

    I have forwarded The Lexington Project to all my undecided friends and former Hillary supporters!!

    Way to go J-Mac!



    June 25, 2008 04:25 pm at 4:25 pm |
  15. Justice League

    As long as you cater to big-oil lobbyists, there is no plan. So go ahead, John, keep ranting your fantasies.

    June 25, 2008 04:26 pm at 4:26 pm |
  16. Future wishing on the past

    In 10 years, when oil is $1000 a barrel, you'll wish we started drilling domestically in hindsight.
    In 10 years, when plugging in your christmas lights costs $100/hr, you'll wish we followed McCain's advice and built nuclear plants.
    If we wait 10 years to address the coming problems, it's going to take 10 more years to fix them. I personally don't want to pay $1000 per barrel oil from 2018 to 2028. McCain is just being reasonable.
    Oh yeah – and his $300M contest for an electric battery is just like the Ansari X Prize. It worked brillaintly and now we have civilian sub-orbital space flight! McCain's plan will work.

    June 25, 2008 04:28 pm at 4:28 pm |
  17. Proud American

    We're not buying it McCain! You can call your plan the second coming and we wont believe. You are so deeply imbedded with lobbyist and oil companies. How can we believe anything you say.

    June 25, 2008 04:30 pm at 4:30 pm |
  18. z

    So...if this is bad to buy from them....these Oil Producing Countries....but it is still OK to buy goods from China.....hmmmm....lets stop buying from China and build our good job pool back up again.

    OK McCain....question to you then... lets the the Republicans to vote with the Dems and look into the Energy Meetings that the White House had years ago. Might be some good reading or insider information of how the gas prices went though the roof.

    June 25, 2008 04:36 pm at 4:36 pm |
  19. Uncle Sam

    "There have always been critics of John McCain who cherry-pick his compromises, ignore his larger efforts and accuse him of being a hypocrite. This is, of course, the gospel of the mediocre man: to ridicule someone who tries something difficult on the grounds that the effort was not a total success."

    Americans for McCain '08

    June 25, 2008 04:38 pm at 4:38 pm |
  20. Corey

    You know, investing in alternatives like wind, solar, and hybrid technologies also make us less dependent on oil. Notice how I didn't say nuclear energy. If the goal of his energy plan is homeland security, why should add nuclear plants that leave millions of Americans at risk to a terrorist and subsequent nuclear threat. McCain's entire campaign is a time warp – a 50 yr old energy policy, a repeal on 60 years of women's/civil rights, all endorced by a stubborn 70 yr. old.

    June 25, 2008 04:39 pm at 4:39 pm |
  21. FactCheck

    McCain reminds me of the scene from "Good Will Hunting" where Robin Williams keeps telling Matt Damon "It's not your fault" over and over again. McCain's energy policy is to deny the long term problem and to keep drilling with a happy smile.

    June 25, 2008 04:40 pm at 4:40 pm |
  22. Roger from CA

    Really? "Lexington Project"??? And last week, he told an Iowa mayor he "lost the battle but won the war" with the flooding. Does this guy have ANYTHING except a bag full of lame military metaphors?????

    I'm starting to agree with the folks that say McCain can't think of anything except in terms of the use of force.

    June 25, 2008 04:43 pm at 4:43 pm |
  23. Generation X

    @ Obama = 2nd term Carter.........Mcain = 3rd term McBush. LMAO

    June 25, 2008 04:43 pm at 4:43 pm |
  24. Brennan - Seattle, WA

    I am a die hard Obama voter. There is no way that I would ever vote for John McCain.

    That being said, it is bothersome to me that at this point McCain seems to be pushing the issues. He seems like he is a day or more ahead on coming out with ideas.

    Thankfully his overall policy package is so terrible that I don't think it will sway voters, but I would like to see Barack on offense. Seems like Barack has just been reacting to McCain the last two weeks.

    Obama 08'

    June 25, 2008 04:48 pm at 4:48 pm |
  25. Heather

    If it's called the Lexington Project, are we all going to ride around on horses? Must bring back the good old days for Jon.

    And where's the $300 million battery prize money coming from? Cindy?

    June 25, 2008 04:49 pm at 4:49 pm |
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