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House Approves Taxes on Oil Companies [Archive] - FreeConservatives

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DoctorDoom
08-05-2007, 08:11 PM
Never underestimate the power of stupid people in large groups.

WASHINGTON (AP) - Declaring a new direction in energy policy, the House on Saturday approved $16 billion in taxes on oil companies, while providing billions of dollars in tax breaks and incentives for renewable energy and conservation efforts.

Republican opponents said the legislation ignored the need to produce more domestic oil, natural gas and coal. One GOP lawmaker bemoaned "the pure venom ... against the oil and gas industry."

The House passed the tax provisions by a vote of 221-189. Earlier it had approved, 241-172, a companion energy package aimed at boosting energy efficiency and expanding use of biofuels, wind power and other renewable energy sources.

"We are turning to the future," said House Speaker Nancy Pelosi.

[snip]

On one of the most contentious and heavily lobbied issues, the House voted to require investor-owned electric utilities nationwide to generate at least 15 percent of their electricity from renewable energy sources such as wind or biofuels.House Approves Taxes on Oil Companies (http://apnews.myway.com/article/20070805/D8QQNQM00.html)

Perhaps those ignorant bastards might want to talk to the ecowacko fringe about "electricity from renewable energy sources such as wind or biofuels." They have opposed both of them and they will continue to do so.

That's the problem with putting clue-bereft assholes into places of authority.

http://img.photobucket.com/albums/v349/DocDoom777/MiscStuff/AmishAuto.jpg

The prototype of the RAT-mandated
2010 automotive design is seen on its
first test drive in suburban Detroit.

Beowulf
08-05-2007, 10:18 PM
Hope the Dummycrats are proud of themselves. After all, oil companies will pass along all this "extra financial burden" in the form of higher prices for their product.
Nice going, Idiots!

HomeschoolrsRUs
08-05-2007, 10:23 PM
Oh my gosh, aren't we paying ENOUGH of a price for demunist liberazi insanity from Congress without this? http://www.freeconservatives.com/vb/images/icons/goofyeye.gif