DNC - Audio of Conference Call: Former Secretary of Energy Federico Peña on McCain's Oil Company First Energy Plan

Washington , DC - Ahead of John McCain's visit to New Orleans tomorrow, former Secretary of Energy Federico Peña held a conference call today to highlight Exxon John McCain's more-of-the-same energy agenda. Peña noted that John McCain's plan is to continue the Bush-Cheney approach of putting oil company interests ahead of the best interests of the American people. McCain's plan includes giving oil companies $4 billion in tax giveaways even while they report record profits. McCain also opposes Senator Barack Obama's plan for an energy rebate that would put a $1,000 check in the hands of the American people from a portion of the oil companies' windfall profits.

To listen to the audio of the call, click on the following link:

http://www.democrats.org/page/-/audio/calls/20080818 PenaCall.mp3

The following are excerpts:

"I want to emphasize that this is all part of a campaign to distract the attention of the American people from the real energy crisis which is facing us by talking endlessly about drilling for oil in tiny protected areas of our country when Senator McCain knows that we will not see a drop of oil from offshore drilling for eight to ten years."

"Senator McCain by his trip tomorrow will hope that we forget that he opposes immediate relief for consumers like Senator Barack Obama's one thousand dollar energy credit, which is going to be paid for by a windfall profits tax on oil companies.  And Senator McCain hopes that we won't notice that it was the Bush-Cheney-McCain energy policy of the last several years that has increased gas prices from $1.89 when Bill Clinton left office to over four dollars today."

"And instead of looking ahead to real and to new solutions, Senator McCain is looking back once again to fellow Washington insiders like the 33 former oil and gas lobbyists who are advising him and fundraising for his campaign.  And he simply wants to continue the policies of President Bush over the last seven and a half years which have failed miserably to help us begin to become energy independent and to begin to reduce the price of oil and the price of gasoline for consumers."

"So the American people I hope will begin to understand this as just a gimmick, as they understood that the federal gas tax holiday was a gimmick.Senator McCain is not going to solve our energy crisis, because, frankly, he helped create it."