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	<title>The Washington Independent &#187; energy prices</title>
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		<title>Which Candidate Does Exxon Have a Bigger Crush On?</title>
		<link>http://washingtonindependent.com/15951/which-candidate-does-exxon-have-a-bigger-crush-on</link>
		<comments>http://washingtonindependent.com/15951/which-candidate-does-exxon-have-a-bigger-crush-on#comments</comments>
		<pubDate>Thu, 30 Oct 2008 19:08:32 +0000</pubDate>
		<dc:creator>Suemedha Sood</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Elections 2008]]></category>
		<category><![CDATA[Environment/Energy]]></category>
		<category><![CDATA[McCain]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[corporations]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[energy prices]]></category>
		<category><![CDATA[exxon]]></category>
		<category><![CDATA[gas prices]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[oil prices]]></category>

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		<description><![CDATA[<p>Shock, surprise! Exxon Mobil Corp. <a href="http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/?postversion=2008103013">reported</a> record-breaking quarterly profits today. The oil company earned $14.83 billion in its fiscal third quarter, more than any company in U.S. history.</p>
<p>Hearing the news, Sen. John McCain <a href="http://in.reuters.com/article/worldNews/idINIndia-36233620081030">accused</a> Sen. Barack Obama of being in the pockets of Big Oil, a charge <a href="http://washingtonindependent.com/15951/which-candidate-does-exxon-have-a-bigger-crush-on" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Shock, surprise! Exxon Mobil Corp. <a href="http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/?postversion=2008103013">reported</a> record-breaking quarterly profits today. The oil company earned $14.83 billion in its fiscal third quarter, more than any company in U.S. history.</p>
<p>Hearing the news, Sen. John McCain <a href="http://in.reuters.com/article/worldNews/idINIndia-36233620081030">accused</a> Sen. Barack Obama of being in the pockets of Big Oil, a charge Obama has repeatedly leveled at McCain in campaign ads. McCain blasted Obama for supporting tax breaks for oil companies in a 2005 energy bill.<span id="more-15951"></span></p>
<p>The Arizona senator didn&#8217;t mention, however, that he and Obama recently voted for a piece of legislation &#8212; the energy package tacked onto the $700-billion bailout bill &#8212; that gave even more tax breaks to oil companies. Passage of the energy package &#8212; whose primary purpose was to bolster clean energy &#8212; was continually delayed because Republicans in Congress refused to support a bill that didn&#8217;t help fossil-fuel companies.</p>
<p>Neither presidential candidate has talked about how much money his campaign has received from the big, bad oil companies. Here are the numbers: The McCain campaign <a href="http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=456339&amp;in_page_id=3&amp;position=moretopstories">has received</a> $1.3 million, while the Obama team has gotten $400,000.</p>
<p>Stick that in your barrel and refine it.</p>
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