Obama campaign ad says Mitt Romney stands with ‘Big Oil’

The Obama campaign is running a new television advertisement in key swing states that paints Mitt Romney as a shill for “Big Oil.”

The 30-second ad is the latest effort by the White House and the campaign to capitalize on Republican opposition to a failed Democrat-backed bill to eliminate billions of dollars in tax breaks for the largest oil companies.

The campaign is betting that it can win over voters fuming about high gas prices by portraying the president as the enemy of major oil companies. The ad touts Obama’s efforts to expand domestic oil-and-gas production, kill off oil tax breaks, improve vehicle fuel efficiency and expand renewable energy. 

“In all these fights, Mitt Romney’s stood with Big Oil — for their tax breaks, attacking higher mileage standards and renewables,” says the ad, which will run in Colorado, Florida, Iowa, Nevada, Ohio and Virginia.

The ad also takes aim at the American Energy Alliance, a group with ties to the oil industry that is spending $3.6 million on its own advertisements blasting Obama’s energy policies.

“So when you see this ad,” the Obama campaign spot says, showing a still from the American Energy Alliance ad, “remember who paid for it. And what they want.”

The Obama campaign ad comes on the same day that a super-PAC supporting the president released a separate ad linking Romney to Big Oil.

“Who is behind this ad smearing President Obama? Big Oil, that’s who. The money they make from high gas prices is going right into Mitt Romney’s campaign,” says the ad, which is sponsored by Priorities USA Action.

Republicans have sought to put the responsibility for soaring gas prices, which reached a national average of about $3.93 per gallon Monday, squarely on Obama’s shoulders.

The Republican National Committee quickly blasted the Obama campaign ad Monday night.

"Instead of implementing solutions, the president is once again trying to mislead voters with a negative attack ad in an attempt to get reelected. So much for the hope and change the president promised," the RNC said in a statement.

Romney also dismissed the ad.

"It’s no surprise President Obama is spending his soon-to-be $1 billion war chest to attack Mitt Romney and deflect blame for his failure to control gas prices," Andrea Saul, Romney's spokeswoman, said in a statement.

Obama has worked aggressively in recent weeks to counter the GOP's criticism of his energy policy. The president delivered a series of energy speeches across the country in which he stresses that there are no quick fixes to high gas prices, while touting his “all-of-the-above” energy strategy.

Obama also threw his support behind a measure to eliminate $24 billion in tax breaks for the largest integrated oil companies over the next decade. The Senate rejected the measure last week amid GOP opposition, providing the campaign with ammunition in their push to tie Republicans to the oil industry.