August 5th, 2008
02:12 PM ET
6 years ago

Cafferty: McCain or Obama more sympathetic to big oil?

 Join the discussion at the Cafferty File Blog.
Join the discussion at the Cafferty File Blog.

Barack Obama has a new ad out that tries to tap into Americans' anger over rising gasoline prices. Obama's target is John McCain.

The ad says:

“Every time you fill your tank, the oil companies fill their pockets. Now big oil's filling John McCain's campaign with $2 million in contributions because instead of taxing their windfall profits to help drivers, McCain wants to give them another $4 billion in tax breaks. After one president in the pocket of big oil, we can't afford another.”

Factcheck.org says the actual number is $1.3 million, not $2 million, and the claims about tax breaks for big oil are a little fuzzy.

The fact is both Obama and McCain have flip-flopped on the issue of offshore drilling.\

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