Tag Archive | "oil"

Obama Supports Offshore Drilling…IN BRAZIL!

Thursday, March 24, 2011

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Republican lawmakers and oil industry executives are slamming President Obama for offering to help Brazil expand offshore drilling while U.S. production struggles to get back on its feet in the wake of the BP spill. The president, on the first leg of his trip to Latin America, said in Brazil over the weekend that his […]

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Oil Prices Jump 9% In One Day

Tuesday, February 22, 2011

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As you go the pump and complain about the rising prices, remember that Congress, regardless of political party, has done little over the last decade to drill our own oil and increase the number of refineries. Simply put, if we find it here and refine it here, we are much less dependant on the unstability over there.

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No Bid Gulf Contracts Wreak Of Corruption

Tuesday, September 14, 2010

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From the people who will be bringing you your health insurance, we present the Federal Government in (another) reprisal role of "Corrupt Government Wasting Money". This episode centers around the Gulf oil spill and several questionable spends including thousands of dollars to monitor negative press coverage of the spill towards the Obama administration and hundreds of thousands of dollars to an activist group against Sarah Palin.

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SoapBox: Is Big Oil Tax Fair?

Wednesday, December 3, 2008

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With the recent drop in oil prices, President-Elect Obama has shelved his plans to impose a windfall profits tax on oil companies.  The Obama campaign indicated that the reason for not including the tax in his economic recovery plan was because oil has dropped below $80 per barrel. Is this sound economic policy?  Should we penalize […]

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