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Page added on August 2, 2008

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Obama shifts on offshore oil drilling

In a sudden and major shift, Democrat Barack Obama said he would be willing to support limited additional offshore oil drilling if that would help promote alternative energy sources, a proposal he has repeatedly blasted rival John McCain for supporting.


Obama, who has campaigned on a platform of change, previously ridiculed a push by Republicans to open offshore areas to oil exploration in a bid to bring down surging energy prices. The country’s economic woes have largely eclipsed other issues, such as the war in Iraq, in the presidential race.
The first term Illinois senator, in comments echoed by other critics of the proposal, had argued that any new oil found would take years to come onto the market and that conservation and fuel-efficient vehicles were a quicker solution to soaring costs.


But Obama told a Florida newspaper in an interview that he could support a compromise with Republicans and oil companies to prevent gridlock over energy.


“My interest is in making sure we’ve got the kind of comprehensive energy policy that can bring down gas prices,” Obama said in an interview with The Palm Beach Post.

International Herald Tribune



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