Barack Obama has developed a comprehensive energy program consisting of seven key provisions with extensive detail. For more information, read the complete plan on his campaign website, www.BarackObama.com. The high points are:
1. Provide short-term relief in three ways: (a) enact legislation that closes loopholes in the Commodity Futures Trading Commission regulations that allow oil speculation to artificially distort the market; (b) require oil companies to share their profits with the American people in the amount of $500 for individuals and $1000 for families; and (c) sell approximately 10 percent – 70 million b
2. Help create five million new jobs by investing $150 billion over the next 10 years as incentive to companies to develop clean energy.