GOP votes to keep tax breaks for Big Oil

[Bluebear]

Predictable voting by the Republicans. The GOP was unanimous in their support of handouts for the oil industry despite what they told voters back home. More from ThinkProgress:

Exxon Mobil is by far the most profitable company in the new Fortune 500 list, riding “high oil prices to a staggering $30 billion in income” in 2010. Exxon made over $10 billion more than fellow oil giant Chevron, the third most profitable company (AT&T edged out Chevron for the number two spot). ConocoPhillips’ $11.4 billion in profits put it in the 16th spot, giving the three oil giants a combined $60.9 billion in profits in 2010.

Today, the Republicans in the House of Representatives celebrated this massive redistribution of wealth from American families to oil executives. With the support of 7 oil-patch Democrats, 234 Republicans voted to block a bill to eliminate a $1.8 billion annual subsidy that treats oil drilling as “domestic manufacturing."


http://www.americablog.com/2011/05/gop-votes-to-keep-tax-breaks-for-big.html

[sakabatou]

1. We love you corporations!

And to you simple humans, fuck off!

[OHdem10]

2. Someone needs to make a commericail on this and run it in

every stat

Some group is running a commercial against Obama, Pelosi Reid
blaming their energy policies (envirnmental concerns) for the
High GAS PRICES. This comes on several times a day here in
Columbus, OH region.