Won’t the oil companies just raise their prices????
What are these subsidies they keep talking about. Is it the tax provisions that allow them lower their tax burdons?
Then why not attack GE that didn’t pay a dime last year?
Let us stop EVERY SINGLE subsidy.
FUBO!
I’m watching Fox News now. They are playing a bit with Chu being quizzed by Congress regarding runaway gas prices. Chu is sitting there, quite spaced out, as if he’s communicating telepathically with space aliens, and telling Congress in a weird, dreamy voice, that he is implementing Obama’s policy of ending the country’s use of fossil fuels. He is quite happy if a gallon of gasoline goes to $7, as this will, necessarily, drive-down the use of gas-powered vehicles. People, he’s insane and working for an insane president. Obama is tripling-down on his green energy fantasy.
Aren’t gas prices high enough under this yokel already? He gives billions in loans to green energy companies that go bust, and now he wants to end fuel subsidies. Can we please just get rid of this douche bag?
They are NOT “subsidies”!!!
They are TAXES NOT IMPOSED!
Every nickle Obama doesn’t tax away from you, he considers a “subsidy”!!!!!
He's crazy!!
Didn’t this idiot just say “i’ll do everything I can to lower gas prices”? the other day.
Problem is. The sheeple BELIEVE him!
He bows down and grovels to foreigners and blames each of US.
He's attacked:
Catholics
Insurance Cos.
Doctors
Bondholders
Bankers
Coal Miners
Energy Companies
Pharm. Cos.
Small Businesses
The Chamber of Commerce
Wall Street brokers
Futures traders
CEOs
Millionaires
"the Rich"
The State of Arizona
The State of S. Carolina
The Tea Party
The Congress
The Supreme Court
I could go on but I'm seeing a pattern here.
End the subsidies that are passed along to the consumers, in essence you will be adding cost to the producer of gas. Don’t worry tho’, that increased cost is not going to be the cause of a price increase at the pump!
How does anyone ever believe this buffoon?
“eliminate oil and gas company subsidies that he called an outrageous government “giveaway””
Hey, Obama, you dumbass (who has never had a real freaking job and wouldn’t know how to run a lemondade stand) they are not subsidies, you jackass...
They are TAX BREAKS (as in deductions) like everything else in BUSINESS. You don’t ‘GIVE’ them anything.
******
Not like SOLYNDRA where you actually GAVE them our money!
The federal government offers energy producers (including ‘GREEN ENERGY’) and purchasers tax incentives, such as credits, deductions, exemptions and allowances. For example, purchasers of clean-fuel burning vehicles may receive a federal income tax credit.
Take your “ demanded that Congress “ and stuff it up your Magic Negro a$$ to stupid muslim bastard.
I wish the oil companies could shut down ALL production and drilling within the U.S., and DEMAND that Obama step down.
Newt will fix this country wrecking nonsense, but first we must get him nominated and then voted in as president.
** President Newt Gingrich-”Our beloved republic deserves nothing less.”
Does anyone have any ideas how I, as a private citizen, could get a grant to build my own solar power system?
First of all, this will raise prices.
But if we do cut the subsidies, then cut the special tax rates also. There was a reason such deals were made.
Just stop the Federal Gas tax.
He's a big fan of E.O.'s.....just do it.
Wow, what a great economic plan!! At a time when the country is in an Obamao-inspired recession and gas prices are skyrocketing due to zero's anti-gas "green energy" policies, he thinks that this will make him a shoe-in for a second term!!???
Whadda maroon!!!