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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident Obama repeats call to end subsidies for Big Oil
President Obama repeats call to end subsidies for Big Oil
by Barbara Morrill
With Newt Gingrich pretending he has a secret plan to slash the price of gasoline, and with the entirety of the Republican Party screaming "drill, baby, drill" and blaming everyone and everything except Big Oil for rising costs at the pump, this week President Obama decided lay out some pesky facts ... starting with the giant, oily elephant in the room:
The President also points out that there are many factors that affect the price of gas, including manipulation from Wall Street and reiterates that the U.S. is now producing more oil than it has in years, that the number of operating rigs are at an all time high and that our dependence on foreign oil is steadily going down ... but the main message today is to contact your congressmen and senators and tell them to remember who they're supposed to be representing.
- more -
http://www.dailykos.com/story/2012/03/17/1075105/-President-Obama-repeats-call-to-end-subsidies-for-Big-Oil
by Barbara Morrill
With Newt Gingrich pretending he has a secret plan to slash the price of gasoline, and with the entirety of the Republican Party screaming "drill, baby, drill" and blaming everyone and everything except Big Oil for rising costs at the pump, this week President Obama decided lay out some pesky facts ... starting with the giant, oily elephant in the room:
... at a time when big oil companies are making more money than ever before, were still giving them $4 billion of your tax dollars in subsidies every year. Your member of Congress should be fighting for you. Not for big financial firms. Not for big oil companies.
In the next few weeks, I expect Congress to vote on ending these subsidies. And when they do, were going to put every single Member of Congress on record: They can either stand up for oil companies, or they can stand up for the American people. They can either place their bets on a fossil fuel from the last century, or they can place their bets on Americas future. So make your voice heard. Send your representative an email. Give them a call. Tell them to stand with you.
In the next few weeks, I expect Congress to vote on ending these subsidies. And when they do, were going to put every single Member of Congress on record: They can either stand up for oil companies, or they can stand up for the American people. They can either place their bets on a fossil fuel from the last century, or they can place their bets on Americas future. So make your voice heard. Send your representative an email. Give them a call. Tell them to stand with you.
The President also points out that there are many factors that affect the price of gas, including manipulation from Wall Street and reiterates that the U.S. is now producing more oil than it has in years, that the number of operating rigs are at an all time high and that our dependence on foreign oil is steadily going down ... but the main message today is to contact your congressmen and senators and tell them to remember who they're supposed to be representing.
- more -
http://www.dailykos.com/story/2012/03/17/1075105/-President-Obama-repeats-call-to-end-subsidies-for-Big-Oil
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President Obama repeats call to end subsidies for Big Oil (Original Post)
ProSense
Mar 2012
OP
Slimy Joe Barton "We apoligize to you, BP" and the GOP House will make sure
banned from Kos
Mar 2012
#1
"...we’re still giving them $4 billion of your tax dollars in subsidies every year."
unkachuck
Mar 2012
#3
banned from Kos
(4,017 posts)1. Slimy Joe Barton "We apoligize to you, BP" and the GOP House will make sure
this won't see a vote in 2012.
ProSense
(116,464 posts)2. We'll see. n/t
unkachuck
(6,295 posts)3. "...we’re still giving them $4 billion of your tax dollars in subsidies every year."
....think about it, Mr. President, it's big-oil. Are you sure you wouldn't rather cut Social Security and Medicare first?
Whisp
(24,096 posts)4. I thought he already cut cut cut everything.
aren't you up on your news, unkachuck?
but I must say, according to some posters here it sure did sound like what you are saying so I can't really blame you for your ignorance of some facts.
excuse not to write
(147 posts)5. Rec
Initech
(100,081 posts)6. Big Oil and their precious fucking profits are the only thing to blame.
BlancheSplanchnik
(20,219 posts)7. +1 n/t