Tag: Oil Subsidies
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McCaskill Sides With More Energy Tax Increases
In Claire McCaskill’s most recent mailing to her subscribers list, she joins the latest Democrat attack on business — this time against the Big Oil companies: Sad. At a time when Americans are already suffering from the increase in gas prices, the Democrats’ answer is not to find ways increase the supply of Oil and…
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Obama: About That $4 Billion Oil Subsidy
When Barack Obama took the reigns of the Presidency in January 2009, the average price per gallon of gas in the U.S. was $1.847. On January 4, 2010, the price was $2.665. A week ago (4/18), the price had increased to $3.844. On Saturday, Obama claimed there was no “magic bullet” to bring down oil…
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State Of The Union – Subsidizing Oil
During President Obama’s State of the Union Address on Tuesday, he included this throw-away populist line, “We need to get behind this innovation. And to help pay for it, I’m asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. (Applause.) I don’t know if — I don’t know if…
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