The Washington Independent
The Washington Independent

Which Candidate Does Exxon Have a Bigger Crush On?

Last updated: 07/31/2020 08:00 | 10/30/2008 11:08
Pooja Bean

Shock, surprise! Exxon Mobil Corp. reported 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.

Hearing the news, Sen. John McCain accused 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.

The Arizona senator didn’t mention, however, that he and Obama recently voted for a piece of legislation — the energy package tacked onto the $700-billion bailout bill — that gave even more tax breaks to oil companies. Passage of the energy package — whose primary purpose was to bolster clean energy — was continually delayed because Republicans in Congress refused to support a bill that didn’t help fossil-fuel companies.

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 has received $1.3 million, while the Obama team has gotten $400,000.

Stick that in your barrel and refine it.

Pooja Bean | Hello there! Pooja is my name. I graduated from the University of Minnesota with a Bachelor's degree in Child Psychology. I've been teaching kids for more than ten years. After graduating from university, I worked as an English teacher in a Bangkok elementary school. Every day, I continue to teach them, which I adore. I am looking forward to meeting your child in class and assisting them with their English learning. Since I believe that learning is easier when you're having fun, I make all of my classes fun and interactive. Looking forward to seeing you in class!


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