McCain ad says Obama's the guy to thank for emptying our wallets at the filling station. That's ridiculous.

McCain's new ad accuses Obama of keeping gas prices high, all by himself. That's absurd, and McCain knows it – he has said repeatedly that our current problems were "30 years in the making."

The ad also tells us that gas prices are high because "some in Washington are still saying no to drilling in America." Not true. The federal government's estimate is that if the moratorium on offshore drilling were lifted today, it would be 2030 before we'd see a noticeable effect on supply and prices.

For the same reason, it's simply not true that drilling more now will "rescue our family budgets."

Note: This is a summary only. The full article with analysis, images and citations may be viewed at FactCheck.org