Obama links energy troubles to unpopular Cheney

August 5, 2008 1:57:04 PM PDT
Barack Obama is linking what he calls the nation's economic "turmoil" to the Bush administration's energy policies, and placing a good chunk of the blame on Vice President Cheney. At a campaign appearance in Youngstown, Ohio, Obama says President Bush's energy policy amounts to telling Cheney: "go take care of this." He says Cheney proceeded to meet with oil and gas company executives 40 times, while meeting with "renewable-energy folks once."

The Democratic presidential candidate says his Republican rival has set a similar course. Obama claims John McCain is more concerned about oil company profits and drilling than a comprehensive strategy.

As for his own approach, Obama is proposing a $1,000 energy rebate for families, paid for by a tax on energy-company profits. He's also proposing borrowing oil from the strategic petroleum reserve, conditional and limited offshore drilling, and a new emphasis on alternative energy sources and hybrid vehicles.