President Obama calls on Congress end taxpayer giveaways to an industry that's never been more profitable, and instead use that money to double-down on investments in clean energy technologies that have never been more promising. March 29, 2012.
In the News:
Bloomberg | Senate Republicans Block Repeal Of Oil Subsidies RTT News (RTTNews) - Senate Republicans on Thursday united to block a Democratic effort to repeal billions of dollars in subsidies to oil and gas companies, rejecting a plea from President Obama in a vote rife with election-year politics. Oil subsidies stay as GOP blocks Senate repealSeattle Post Intelligencer (blog) Obama challenges Senate to repeal billions in oil industry tax breaksThe Hill (blog) President Obama leads call to end oil subsidiesLos Angeles Times Bloomberg -Atlanta Journal Constitution all 943 news articles » |
Politico | The case of President Obama's missing oil tax Politico Candidate Barack Obama pushed it hard in 2008: a tax on Big Oil company profits that would flow back to families in $1000 rebate checks. President Barack Obama acts as if the idea never existed. Continue Reading Text Size - + reset With gas prices at ... The War on Oil Speculation beginsHuman Events all 1,090 news articles » |
Fossil-fuel subsidies: Helping the richest get richer Los Angeles Times The Repeal Big Oil Tax Subsidies Act was a curiously skimpy bill that targeted only oil companies, and just the five richest of them at that. Left out were coal and natural gas. Even so, the proposal didn't pass. But that hasn't stopped President Obama ... Subsidizing Our Destruction: Payola for the Most Profitable Corporations in ...Pacific Free Press all 10 news articles » |
Wall Street Journal | ad campaign raises the stakes over gas prices CBS News (CBS News) On the same day President Obama urged Congress to repeal oil subsidies, the American Energy Alliance (AEA) launched a multimillion dollar ad campaign painting the president as anti-energy and pro-high gas prices. The campaign by the pro-oil ... Rising Gas Prices Take Toll On American FamiliesInvestor's Business Daily all 653 news articles » |
WGRZ-TV | Isolating Big Oil For Punishment Won't Decrease Gasoline Prices Investor's Business Daily Late last month, as the Senate was getting ready to vote a bill to repeal tax deductions for oil companies, President Obama complained that "Congress thinks it's a good idea to send billions more of your tax dollars to the oil industry. How You Subsidize the Oil Cos to Wreck the PlanetThe Progress Report all 7 news articles » |
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