moratorium

McCain’s $300M Sweepstakes

Jun 24, 2008
John McCain is showing his commitment to lessening America's dependence on foreign oil by offering a $300 million prize to anyone who can conjure up a superior automobile battery, energy-wise, than the current standard. But at the same time, he's supporting Bush's push to lift the ban on drilling in U.S. coastal waters.

Bush: Lift the Ban on Offshore Drilling

Jun 19, 2008
President Bush called for a speedy end to the ban on offshore oil drilling in American coastal waters Wednesday, chiding his congressional challengers by declaring that there's "no excuse for delay" in lifting the "outdated and counterproductive" restrictions. However, some of his political opponents on this issue, like California Gov. Arnold Schwarzenegger, are giving him heat from his own side of the political aisle.