USA Today: McCain Repeats Exaggerated $700 Billion a Year Energy Claim.
“The claim: Speaking about energy costs, McCain said: ‘We’ve got to stop sending $700 billion a year to countries who don’t like us that much.’ The facts: McCain repeatedly makes this claim, which often has been criticized as exaggerated by non-partisan groups — including FactCheck.org, a project of the Annenberg Public Policy Center at the University of Pennsylvania. The United States spends about $536 billion a year on imported oil, according to the U.S. Department of Energy. But about one-third of that goes to close U.S. allies of Canada, Mexico and the United Kingdom.” [USA Today, 10/8/08: http://www.usatoday.com/news/politics/election2008/2008-10-07-fact-check_N.htm]