Obama's change on offshore drilling follows donor meeting in Houston
The "change" came only a few days after he raised over a million dollars at a Houston fundraiser sponsored by some people in the gas business. But this offer of "change" is accompanied with a poison pill of a windfall profits tax, which is a really bad idea.
Democratic presidential candidate Sen. Barack Obama Friday withdrew his opposition to additional offshore oil drilling, essentially embracing his rival's energy stance, which is credited in part with pumping up Sen. John McCain's poll numbers.
Mr. Obama also called for a windfall profits tax on oil companies to fund $1,000 emergency rebate checks for Americans besieged by high energy costs after Congress left town Friday for a five-week vacation without passing energy legislation.
The Illinois senator, while campaigning in Florida, said he would accept limited additional offshore oil drilling if that's what it takes to overcome gridlock and enact a comprehensive energy policy to foster fuel-efficient autos and develop alternate energy sources.
"My interest is in making sure we've got the kind of comprehensive energy policy that can bring down gas prices," Mr. Obama said in an interview with the Palm Beach Post.
"If, in order to get that passed, we have to compromise in terms of a careful, well-thought-out drilling strategy that was carefully circumscribed to avoid significant environmental damage - I don't want to be so rigid that we can't get something done."
It takes the money needed for the new exploration and puts it into the dry hole of rebates to consumers that will produce no energy, but will increase demand. It appears to me that his "change" on drilling is one that is not made in good faith. It is a poll driven "change." Once again we see the Obama who will say and do anything to get elected.