On the campaign trail, Democratic Senator Barack Obama kicked off his presidential campaign Monday as the presumptive Democratic nominee with a call for a new tax on windfall oil profits. Obama addressed supporters in Raleigh, North Carolina.

Senator Barack Obama: “I’ll shut down the corporate loopholes and tax havens, and I’ll use the money to help pay for a middle-class tax cut that will proved $1,000 of relief — $1,000 of relief — to 95 percent of workers and their families. I’ll make oil companies like Exxon pay a tax on their windfall profits, and we’ll use the money to help families pay for their skyrocketing energy costs and other bills.”

Obama’s pledge came as the price for gas reached a record-high $4 a gallon.