Gov. Martin O’Malley has joined the Democratic National Committee’s campaign called “Exxon-McCain ‘08,” which emphasizes the oil companies’ hold on McCain. O’Malley talks about McCain’s history with big oil companies and how it jeopardizes his energy policy. (1:21)
Gov. Martin O’Malley kicked off his new campaign at press conference in the Democratic National Committee (DNC) headquarters. His campaign, called “Exxon-McCain ‘08,” mockingly refers to big oil companies as Senator John McCain’s (R-Az.) running mate in the 2008 presidential election, and O’Malley plans to take the campaign through cities across America. (more…)
Speaker of the House Nancy Pelosi says that big oil companies should have been cut off from government subsidies when the price of oil passed $30 or $40 per barrel. (0:25)
Senator Bernie Sanders (I-VT) says that there is not one simple solution for solving the high prices for oil and gas and gives a “real world” example of struggles due to the high prices. (1:08)
Stephen Simon, senior vice president of ExxonMobil, discusses the oil company’s investment plans and says that its tax bill has exceeded its earnings.
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