House Rolls Back Oil Company Subsidies

House Rolls Back Oil Company Subsidies

There are 35 comments on the The Associated Press story from Jan 19, 2007, titled House Rolls Back Oil Company Subsidies . In it, The Associated Press reports that:

The House rolled back billions of dollars in oil industry subsidies Thursday in what supporters hailed as a new direction in energy policy toward more renewable fuels.

Join the discussion below, or Read more at The Associated Press.

First Prev
of 2
Next Last

“I can't even shut myself up!”

Since: Jan 07

Phoenix, AZ

#1 Jan 19, 2007
Its about time that the Oil companies quit getting free money from the U.S. government. All that money could make a real difference in renewable energy sources.
gastoohigh

Mishawaka, IN

#2 Jan 19, 2007
They don't get free money from the US Govt. That money comes from us....

“I can't even shut myself up!”

Since: Jan 07

Phoenix, AZ

#3 Jan 19, 2007
>That money comes from us....<

Exactly, its money they illegally take from us in the form of "Taxes".
Eisenhower

Bryan, TX

#4 Jan 19, 2007
The oil companies will just pass their cost to us anyway...
the realist

Spring Hill, FL

#5 Jan 19, 2007
thank you Nancy, I truly believe that you will go down in history in a much greater venue than HIS MAJESTY " GEORGE BUSH"
the realist

Spring Hill, FL

#6 Jan 19, 2007
IT appears so far that this lady is the only sensible person that has walked the halls of our capital in a long time. Maybe we just might be respected in the international community " finally " and the people of this UNITED STATES of AMERICA will stand tall behind this "lady of democracy"
Azbakan

Brentwood, CA

#8 Jan 19, 2007
No more corporate welfare for Companies that are earning record profits. I would rather pay at the pump then through my taxes. There is no way it is more efficient to pay taxes and then have the Gov. subsidies oil companies than to just pay directly. What a joke they might as well have given subsidies to cigarette companies.
Azbakan

Brentwood, CA

#9 Jan 19, 2007
Fund the competition to big oil, we need clean cheap energy, So you want to start a war? Start a war against energy dependency. Start the alternative energy race. Where would we be if we had spent 500 Billion on energy research or a desert full of solar panels?
Eisenhower

Bryan, TX

#10 Jan 19, 2007
Pelosi is the same person who tried to prevent laborers in Amercian Samoa from benefiting from the minimum wage hike increase ... the same American Samoa that has a huge tuna plant owned by Del Monte, which happens to be in headquartered in her district... always remember we are talking about politicians and they are all beholden to some business or interest group... trust none of them!
IGNORANCE IS BLISS

United States

#11 Jan 19, 2007
"Critics said the action would reduce domestic oil production and increase reliance on imports."

The Co's can start using the billions of dollars in Profit they made to make up the difference.

GE needs to bring back the electric car and stop taking kick backs from the oil companies as well.

http://youtube.com/watch...

http://youtube.com/watch...
Azbakan

Brentwood, CA

#12 Jan 19, 2007
Eisenhower wrote:
Pelosi is the same person who tried to prevent laborers in Amercian Samoa from benefiting from the minimum wage hike increase ... the same American Samoa that has a huge tuna plant owned by Del Monte, which happens to be in headquartered in her district... always remember we are talking about politicians and they are all beholden to some business or interest group... trust none of them!
Del Monte has only donated to Republicans and has given no money to Pelosi.
Azbakan

Brentwood, CA

#13 Jan 19, 2007
Eisenhower wrote:
Pelosi is the same person who tried to prevent laborers in Amercian Samoa from benefiting from the minimum wage hike increase ... the same American Samoa that has a huge tuna plant owned by Del Monte, which happens to be in headquartered in her district... always remember we are talking about politicians and they are all beholden to some business or interest group... trust none of them!
One thing none of those attacking Speaker Pelosi mention is that the Republican Party in their six years in total control of our government didn't raise the minimum wage for anyone, anywhere.

Well, that's not true. The GOP Congress gave themselves a pay raise.

“are you happy ;now?”

Since: Dec 06

Akron Ohio

#14 Jan 19, 2007
Go get'em lady speaker I got your back...
time for a little spring cleaning..

“are you happy ;now?”

Since: Dec 06

Akron Ohio

#15 Jan 19, 2007
Go get"em Lady Speaker, I got your back...
Time for a little spring cleaning
Azbakan

Brentwood, CA

#16 Jan 19, 2007
Eisenhower wrote:
Pelosi is the same person who tried to prevent laborers in Amercian Samoa from benefiting from the minimum wage hike increase ... the same American Samoa that has a huge tuna plant owned by Del Monte, which happens to be in headquartered in her district... always remember we are talking about politicians and they are all beholden to some business or interest group... trust none of them!
First of all, it's important to note that the substance of the Republican argument, that the minimum wage bill specifically exempts American Samoa from federal minimum wage laws, is factually incorrect. American Samoa has ALREADY been exempt from those laws for some time, including for 12 years under a Republican majority. Currently wage floors in American Samoa are set by the US Department of Labor.

The Fair Labor Standards Act (FLSA), applies generally to employment within American Samoa as it does to employment within the United States. The minimum wage rates for American Samoa are set by a special industry committee (29 U.S.C. 205, 29 C.F.R. Part 511) appointed by the U.S. Department of Labor, as required by the Act. The rates are set for particular industries, not for an employee's particular occupation. The rates are minimum rates (29 U.S.C. 206(a)(3)); an employer may choose to pay an employee at a rate higher than the rate(s) for its industry.
The Act contains a number of additional requirements, including the payment of premium rates to certain covered employees who work more than 40 hours in a workweek (29 U.S.C. 207), limitations on the employment of minors, and provisions relating to the Act's coverage and exceptions to and exemptions from some of the Act's general requirements.
Azbakan

United States

#18 Jan 19, 2007
schmitty wrote:
more money out of our pockets - they will find a way to waste the money that is saved. It will not be passed on to consumers. then we will also have to pay for higher gas prices as well. we get burned twice because of their actions. I am sure pelosi will find a way to funnel some for her monthly botox injections.
So you are for tax breaks, incentives and corporate welfare for oil companies? Or can you just not bring yourself to admit that it is high time we stopped supporting the energy of the past and started looking for sustainable energy sources.
Matt

Cincinnati, OH

#19 Jan 19, 2007
These are the same tax breaks that the oil companies said over the summer that they didn't need. So now, when they're in danger of getting repealed, they start complaining that it'll raise their costs and increase gas prices? Sorry, not buying it.
Don't worry, their friend Bush will just veto the bill anyways.

“Homosapien ”

Since: Jan 07

Minneapolis

#20 Jan 19, 2007
These tax breaks that were repealed were part of a supposed energy bill. The sooner oil and gas without tax breaks at all levels of processing is realized the public will see the true costs of oil. I don't think we would be in Iraq if it were not for oil, so I would say raise the gas tax even more to pay the costs of the war.
E Dun

Monessen, PA

#22 Jan 20, 2007
This will be vetoed.
sickofPC

Chesterton, IN

#23 Jan 20, 2007
Azbakan wrote:
<quoted text>
First of all, it's important to note that the substance of the Republican argument, that the minimum wage bill specifically exempts American Samoa from federal minimum wage laws, is factually incorrect. American Samoa has ALREADY been exempt from those laws for some time, including for 12 years under a Republican majority. Currently wage floors in American Samoa are set by the US Department of Labor.
The Fair Labor Standards Act (FLSA), applies generally to employment within American Samoa as it does to employment within the United States. The minimum wage rates for American Samoa are set by a special industry committee (29 U.S.C. 205, 29 C.F.R. Part 511) appointed by the U.S. Department of Labor, as required by the Act. The rates are set for particular industries, not for an employee's particular occupation. The rates are minimum rates (29 U.S.C. 206(a)(3)); an employer may choose to pay an employee at a rate higher than the rate(s) for its industry.
The Act contains a number of additional requirements, including the payment of premium rates to certain covered employees who work more than 40 hours in a workweek (29 U.S.C. 207), limitations on the employment of minors, and provisions relating to the Act's coverage and exceptions to and exemptions from some of the Act's general requirements.
Please tell THE WHOLE STORY, not just your side of it...
ALL AMERICAN PROTECTORATES were covered under that law. But under this latest bill passed by congress, ALL AMERICAN PROTECTORATES were included to pay this new higher wage rate EXCEPT AMERICAN SAMOA! It is odd that one tiny island was not added (until you look at the money trail.) You had better look a little deeper...Pelosi was CHA by not including Samoa. She knows who writes the checks.

You must remember what "speaking out of both sides of your mouth" means, the Republicans do it and so do the Democrats. It boils down to MONEY,MONEY,MONEY.
Congress has become a Parliament of Whores.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Don Young Discussions

Title Updated Last By Comments
News Tax bill boosts oil, gas drilling a " and renew... Dec '17 CodeTalker 53
News Fire brigade called in after man suffers 'penil... (Mar '17) Mar '17 nuther Dysfunction 1
News Soybean prices fall to 2-mth low on ample supply (Mar '17) Mar '17 Mac 1
News Alaska is Now Purple (Oct '16) Oct '16 Go Blue Forever 1
News Alaska provisions survive House vote in key def... (May '16) May '16 Jaimie 6
News Republican fear-mongering over Syrian refugees ... (Nov '15) Nov '15 positronium 31
News Alaska Gov. Walker downsizes Washington, D.C., ... (Nov '15) Nov '15 Sarin Palin 1
More from around the web