McCain Drilling Reversal a $ Bonanza


	McCain Drilling Reversal a $ Bonanza

Wisco

7-29-2008 2:30 PM

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news

Wisco says:

McCain's "straight talk" is apparently for sale. According to the report, "Oil and gas executives have not traditionally been a major source of campaign money for McCain. A breakdown of giving by the Center for Responsive Politics shows the industry falls 12th on a list of top donors, well behind securities firms, lawyers, banks, and real estate and health professionals."

Now they dump big bucks into his campaign. I'm sure it's just a coincidence.

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Campaign contributions from oil industry executives to <A target="" href="http://projects.washingtonpost.com/congress/members/m000303/">Sen. John McCain</A> rose dramatically in the last half of June, after the senator from Arizona made a high-profile split with environmentalists and reversed his opposition to the federal ban on offshore drilling.
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Oil and gas industry executives and employees donated $1.1 million to McCain last month -- three-quarters of which came after his June 16 speech calling for an end to the ban -- compared with $116,000 in March, $283,000 in April and $208,000 in May.
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"The timing was significant," said David Donnelly, the national campaigns director of the Public Campaign Action Fund, a nonpartisan campaign finance reform group that conducted the analysis of McCain's oil industry contributions. "This is a case study of how a candidate can change a policy position in the interest of raising money."
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