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Flip-Flopping On Oil Drilling Proves Lucrative For McCain

WaPo: Campaign contributions from oil industry executives to Sen. John McCain rose dramatically in the last half of June, after the senator from Ari

WaPo:

Campaign contributions from oil industry executives to Sen. John McCain 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.

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.

McCain said the policy reversal came as a response to rising voter anger over soaring energy prices. At the time, about three-quarters of voters responding to a Washington Post-ABC News poll said prices at the pump were causing them financial hardship, the highest in surveys this decade.[..]

McCain delivered the speech before heading to Texas for a series of fundraisers with energy industry executives, and the day after the speech he raised $1.3 million at a private luncheon and reception at the San Antonio Country Club, according to local news accounts.

"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."

I'm sure it's just a coincidence. Of course, John McCain has been getting substantial donations from lobbyists all along. Methinks this report "Embedded or In Bed: John McCain and His Lobbyist Problem" (.pdf) needs to be updated.

BooMan and JedReport has more...

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