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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Jul.22
12:52 PM ET
Tuesday, 22 Jul 2008
See What People Are Saying About... Energy Issues: McCain Vs. Obama

Republican presidential candidate John McCain is launching a new television ad that blames Democratic rival Barack Obama for rising gasoline prices.

The ad, airing on national cable and in 11 battleground states, argues that the cost of fuel is rising because of opposition to oil drilling in the United States.

The announcer in the ad says, "Gas prices — $4, $5, no end in sight, because some in Washington are still saying no to drilling in America. No to independence from foreign oil. Who can you thank for rising prices at the pump?"

A photograph of Obama appears on the stage as a voiceover of a crowd chants: "Obama, Obama, Obama!"

In a response to the ad, Obama spokesman Tommy Vietor said: "Barack Obama has fought for energy independence in the Senate and has a plan to invest $150 billion in renewable sources of energy that will create five million new jobs and provide struggling families with an immediate energy rebate and a $1,000 middle-class tax cut."

It's worth noting that nine in 10 people in a USA Today-Gallup Poll last month said energy, including gas prices, would be very or extremely important in deciding their presidential vote in November. Those surveyed considered Obama better than McCain on energy issues by 19 percentage points.

And that leads to our Fast Money Reader Poll. Same question. Which candidate do you think will better address America's energy needs?



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