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
michael

Vero Beach, FL

#24 Jan 20, 2007
Nice jesture but Bush & Co. will veto !
michael

Vero Beach, FL

#25 Jan 20, 2007
sickofPC wrote:
<quoted text>
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.
SAD but true !
Coolmind

North East, MD

#26 Jan 20, 2007
These taxes will help pay off the enourmous $9trilion debt.
Coolmind

North East, MD

#27 Jan 20, 2007
The oil tax breaks were nothign more than gifts to the rich from Bush and Cheney, two fellow grease ball oil brats. They are more like the royalty of Saudi Arabia than Americans. Does Bush care more about you or the CEO of Exxon-Mobile?

“Clinton is a Liar, Period!”

Since: Jan 07

Pittsburgh, PA

#29 Jan 20, 2007
After Fancy Nancy's act on the minimum wage you better start to follow the money - somehow this stinks - of everything that needs doing this should have been near the bottom of the pile. Crude's down, supplies are good, financial markets are up, this woman is lobbiest driven. I know she'll get a free ride in the media 'cause of her party - but - there's still something wrong with this.
the realist wrote:
thank you Nancy, I truly believe that you will go down in history in a much greater venue than HIS MAJESTY " GEORGE BUSH"
Ernest

Clarksville, TN

#30 Jan 20, 2007
It's good to see the fat cat Hassert out and Ms. Nancy in.
I'm glad to see that people are now starting to wake up.
I'm looking forward to seeing the Democrats take back washington from the white house to the full 100 in the senate and the 435 in the congress.
Things are so messed to it will take 20 years to get our country back to where it was before both elections were rigged and stolen from the Democrats.
God bless our USA
Coolmind

North East, MD

#31 Jan 20, 2007
Exxon Mobile has a profit of 36 billion last year. And they get a tax break?

http://www.gravmag.com/oil.html
michael

Vero Beach, FL

#32 Jan 20, 2007
Coolmind wrote:
Exxon Mobile has a profit of 36 billion last year. And they get a tax break?
http://www.gravmag.com/oil.html
How can you possibly think Exxon-Mobil can survive on any thing less if they made 35 BILLION they might have to declare bankruptcy !
RegularGuy

Melrose Park, IL

#33 Jan 20, 2007
I have no problem creating alternative energy tax incentives for oil companies - if I see some tangible results. Not even a huge tangible result, just something.
My real fear is that the oil companies will take any break they get and use it to buy each other out. The increased consolidation in Big Oil means there won't be serious price competition at the consumer level. I know all about economies of scale, but those economies aren't 'trickling down' to the ultimate consumer.
Lisa Hart

Sunnyvale, CA

#34 Jan 21, 2007
Critics of hydrogen and other alternative technologies always rant about costs, without thinking about all the subsidies and preferences--such as this now-defunct one--given to fossil fuels. Not only does this make other technology seem artificially high, but it encourages even more consumption than would otherwise be used.

This forces alternative technologies to have to target smaller niche markdets iniitially--as Ecotality has done with its Hydratus--before they can even think about going for the larger consumer market.

This recision of the preferential treatment oil has received could be a positive thing in the long run, if it encourages competing technologies that keep the price of fossil fuels low, but of course in the short run, we'll be paying more. But I'd rather pay more now to have a wide range of choices later.

Lisa
Azbakan

Brentwood, CA

#35 Jan 23, 2007
sickofPC wrote:
<quoted text>
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.
Except that the money trail runs back to the Republicans as Del monte has given them several donations but none to the Democrats.

“Clinton is a Liar, Period!”

Since: Jan 07

Pittsburgh, PA

#36 Jan 23, 2007
Ernest wrote:
It's good to see the fat cat Hassert out and Ms. Nancy in.
I'm glad to see that people are now starting to wake up.
I'm looking forward to seeing the Democrats take back washington from the white house to the full 100 in the senate and the 435 in the congress.
Things are so messed to it will take 20 years to get our country back to where it was before both elections were rigged and stolen from the Democrats.
God bless our USA
PT Barnum was ever so correct. Long live the Socialist cause.
Azbakan

Oakland, CA

#37 Jan 23, 2007
Socialism will not work in America and that is a good thing.

If you get a bunch of Finnish or Sedish folk who have a similar national and racial identity combined with a strong desire to achieve common goals that will work for everyone in a small and homogenous population then it might survive but never in this country as there are to many distinct groups and self interests that could never be served on a national or even a statewide level.

I know I want mine to share with whom I choose rather than the Government deciding for me.
Lisa Hart

Sunnyvale, CA

#38 Jan 24, 2007
sharkscott wrote:
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.
Yes, but did you see that Bush's SOU address talked about gasifying allegedly "clean" coal for use in gas tanks, which is a) incredibly inefficient and b) dirty, no matter what he says.
DR JOHN WILLIAMS

South Africa

#39 Feb 12, 2007
DR JOHN WILLIAMS,
ADD:40 RIVONIA CRECENT (R.S.A)
TEL-27-73-20-29-817
Kindly contact me with my alternative e-mail address below.
[email protected]

Dear Friend,

I am,DR JOHN WILLIAMS,the Chief Accountant African Development Bank South Africa.I got your address while searching for trustworthy individuals in various countries.ln my department,we covered an abandoned sum of $25,5million US dollars in an account that belongs to one of our foreign customers who died in an auto accident with his family in South Africa.Since we got information about his death,we have been expecting his next of kin to come to our bank and claim his money because we cannot release it unless somebody applies for it as a next of kin or relative to the deceased as indicated in our banking guidelines but unfortunately we learnt that all his supposed relatives died in a plane crash leaving no relative behind to claim the fund.It is upon this discovery that l and other officials in my department decided to make this business proposal to you and release the money to you as the next of kin or relative to the deceased for safety and subsequent
disbursement since nobody is coming for it and we do not want this money to go into our bank treasury as an unclaimed fund.The banking law and guidelines here stipulate that if such money remained

unclaimed after four years,the money will be transfered into the bank treasury as unclaimed funds.
The request for a foreigner as a relative for this claim is occasioned by the fact that the customer was a foreigner and a South African cannot claim this fund as next of kin.We agreed that 20% of this money will go to the foreign partner who will supply the foreign account,5% will be set aside for expenses incurred during the transaction and 75% will be for me and my colleagues.Thereafter,l and my colleagues will visit your country for disbursement of the percentages as indicated above.
If you are interested to assist in this transaction,kindly contact the writer on the above mobile number or private e-mail address.Please this transaction is risk free and you should not entertain any atom of fear as all required arrangements have been made for transfer.

Yours Faithfully,

DR JOHN WILLIAMS,

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 Fire brigade called in after man suffers 'penil... Mar '17 nuther Dysfunction 1
News Soybean prices fall to 2-mth low on ample supply 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
News Interior Department Curbs Future Arctic Offshor... (Oct '15) Oct '15 WeTheSheeple 1
More from around the web