02 Mar '12, 8pm

Obama to Congress: "Eliminate this Oil Industry Giveaway Right Away"

Progress Ohio Via Flickr /CC BY 2.0 Obama has made calls to end handouts to oil companies before, but never quite so vociferously: "Let's put every single member of Congress on record: You can stand with oil companies or you can stand up for the American people," he said in a speech at Nashua Community College in New Hampshire. "It's outrageous. It's inexcusable. I'm asking Congress: Eliminate this oil industry giveaway right away." Them's, as they say, fightin' words. Now, the president has called for killing tax breaks to some of the nation's most profitable industries rather regularly, actually—he's done so in each of his State of the Union Addresses, and in some speeches last year, when he was stumping in support of a short-lived effort by Democrats to roll back a chunk of oil industry handouts. But the new, improved, and fierier rhetoric comes in response to the most ...

Full article: http://www.treehugger.com/energy-policy/obama-eliminate-o...

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