11 May '11, 1am

May 10 news: U.S., Chinese firms sign solar-power pact; Will GOP

With oil companies such as ExxonMobil announcing a jump in profits of nearly 70 percent while gas prices are hovering around $4 a gallon, Republicans are trying to avoid any impression of defensiveness over their strong support for Big Oil. Many are now saying they do not support subsidies, while others assert that these help keep gas prices low and create U.S. jobs. But Republicans have reason to be nervous. Many are now saying they do not support subsidies, while others assert that these help keep gas prices low and create U.S. jobs. But Republicans have reason to be nervous. Even with his boost in the polls after the killing of Osama bin Laden, the recent increase in gas prices has clearly had an effect on President Barack Obama’s approval rating, and it holds significant danger for Democrats. However, the multibillion-dollar-plus profit announcements by ExxonMobil and ...

Full article: http://climateprogress.org/2011/05/10/may-10-news-u-s-chi...

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care2.com 06 May '11, 5am

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