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McCain on offshore drilling: For it before he was against it before he was for it again; Update: McCain’s astounding flip-flop on windfall profits tax, plus a new global warming alarmist ad

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By Michelle Malkin  •  June 16, 2008 04:28 PM

Scroll down for updates…McCain now bashing Obama on windfall profits tax, releases new global warming alarmist ad, Dems support nationalizing oil industry

Just a recap: McCain was AWOL on the windfall profits tax debate in the Senate (a failed Carter relic that he says he’d be “glad to look at”). He had nothing to say about Rep. John Peterson’s effort to lift the offshore drilling ban when it was up for a vote last week. And as I noted back on May 22, he has channeled the entire Democrat presidential field’s class warfare rhetoric and repeatedly referred to the oil industry’s “obscene profits.”

Now, he’s announced he wants to lift the offshore drilling moratorium and will give an energy speech tomorrow. He was for it before he was against it before he was for it again. Positively Kerryesque:

With the price of gasoline surging past $4 a gallon in many parts of the country, Senator John McCain called today for the lifting of the federal moratorium on offshore oil drilling for states that want to permit it.

He said that he also favors giving states incentives to allow exploration, part of an energy proposal that he said would be “very helpful in the short term for resolving our energy crisis.”

Mr. McCain, the presumptive Republican nominee, said the impact of high fuel prices was hitting Americans, not only at the pump, but also in the form of rising food prices and threats of inflation.

“We must embark on a national mission to eliminate our dependence on foreign oil and reduce greenhouse gases through the development of alternate energy sources,” Mr. McCain said, adding that he continues to support a summer gas tax holiday.

Mr. McCain has a mixed record on the issue in the Senate. In 2001 and 2006, he voted in favor of offshore oil drilling in Florida, but in 2003 he voted against it in Florida and other states. Mr. McCain has consistently opposed drilling in the Arctic National Wildlife Refuge.

Oh, and if you thought for a moment that McCain might back off his Hillary/Edwards/Obama-esque bashing of profits, think again:

McCain is set to give a speech about energy to oil executives in Houston Tuesday, where he is expected to chide the industry for the huge profits they have made during a tough time for gasoline consumers.

Flashback: Reagan vs. McCain on profits, business, and the free market

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Update: More speech preview here.

Update: McCain supporters say I should give credit to McCain for changing his mind.

Well, I certainly give him credit for whiplash-inducing political expediency.

Via Allah comes word that McCain is now bashing Obama on the failed windfall profits tax.

I remind you again of what McCain was telling voters about it less than a month ago.

Transcript:

MCCAIN: “Um, I don’t like obscene profits being made anywhere–and I’d be glad to look not just at the windfall profits tax–that’s not what bothers me–but we should look at any incentives that we are giving to people, that or industries or corporations that are distorting the market.”

Straight Talk Express, meet Google and the Internets.

McCain’s also got a new global warming alarmist ad out now, bragging about how he “stood up to the President and sounded the alarm on global warming.” This screen shot says it all:

1ecomac.jpg

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