Skip to Content

democrats big oil


Pelosi-led Democrats will challenge Big Oil on tax breaks

House Democrats are drawing a bead on the oil industry's tax breaks but may put off a broader energy plan that addresses alternative energy sources. Incoming House Speaker Nancy Pelosi of California wants to roll back "the multibillion dollar subsidies for Big Oil." Repealing many of those benefits was talked about earlier this year as lawmakers responded to public outcry over oil profits. But it appears her first move on the energy issue will be less aggressive than her earlier pronouncements. Democrats are expected to consider price gouging ... Read more →

No Content Style Defined.

Featured Galleries

  • Governor Schwarzenegger with the Zero S
  • Peugeot Concept HYbrid3 Evolution
  • Volkswagen e-up! concept
  • Dacia Logan MCV Hi-Flex
  • Citroen C-Zero
  • Italwin Ducati City Pearl
  • SEMA 2009: Toyota Prius Aerius Concept
  • Peugeot BB1 concept visits London
  • 2010 Volkswagen Passat BlueMotion
  • Mavizen TTX02 Electric Racebike
  • 1 Liter Racing League
  • Renault Zoe Z.E. concept

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum