Obama outlines energy policy during Lansing speech

Democratic presidential candidate Barack Obama outlined his energy policy during a speech this afternoon in Lansing, Mich.:

Obama, the presumptive Democratic presidential nominee, made an energy speech in Lansing, Michigan, that linked two of his earlier proposals - a windfall tax on oil producers and a $1,000-a-family "energy rebate" - by saying that the tax on oil producers could finance the rebate for families.

Obama also said that only an "all-hands-on-deck effort" to conserve energy and increase the use of renewable fuels would help the United States through an energy crisis.

"Like George Bush and Dick Cheney before him," Obama said, McCain "sees more drilling as the answer to all our energy problems." That echoed the text of a new Obama advertisement, which states: "After one president in the pocket of big oil, we can't afford another."