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Higher fuel prices coming your way
Obama Wants to Roll Back Tax Breaks for Oil Companies
PITTSBURGH — President Obama will call Wednesday for rolling back billions of dollars in tax breaks to oil companies, and will vow to push for climate change legislation “in the coming months,” setting the stage for another potentially divisive battle in Congress.
Mr. Obama, seeking to capitalize on the deepening anger in the American public over the oil spill in the Gulf of Mexico to push for his legislative agenda, plans to promise to find the lagging votes in the Senate to get an energy bill passed, according to excerpts of a planned speech at Carnegie Mellon University, which were released by the White House.
“The only way the transition to clean energy will succeed is if the private sector is fully invested in this future —
Obama Wants to Roll Back Tax Breaks for Oil Companies - The Caucus Blog - NYTimes.com
Re: Higher fuel prices coming your way
This is plain and simple higher energy prices. Alternative Energy is very expensive and to succeed Gas and Oil will have to be higher so alternative Energy can compete.
This a tax on us in every thing we touch. This is a tax on American products sending jobs over seas.
“And the only way to do that is by finally putting a price on carbon pollution.”
HEAR THAT SOUND! Thats China Laughing their A@$ OFF. Man do we look like Fools
Last edited by strapdrager; 06-02-2010 at 09:58 PM.