Comparing McCain, Obama energy plans
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Saturday, August 9, 2008; 9:48 AM
-- A comparison of the major energy initiatives proposed by Democratic presidential candidate Barack Obama and Republican presidential candidate John McCain:
LONG-TERM VISION
Obama:
_Confront America's dependence on oil by developing energy alternatives and conservation.
McCain:
_Break the nation's dependence on foreign energy by 2025 with more domestic production and alternative energy sources.
ENERGY PRICE RELIEF
Obama:
_$1,000 tax rebate to help people pay high energy bills, financed by a windfall profits tax on oil companies.
_Release 70 million barrels of oil from the government's Strategic Petroleum Reserve to boost supplies.
McCain:
_Temporarily suspend the 18-cents-per-gallon federal gasoline tax.


