h1

All this talk of drilling

August 4, 2008

It’s all over the news this week: Republicans want to start offshore drilling and open up the Alaskan wilderness to the oil companies. Even as big oil set record profits once again, the Democrats continue getting slammed for not supporting it. It was the big topic on yesterday’s Meet the Press.

The Republicans ignore the fact that the tiny trickle this added drilling will bring in will do nothing to lower the price of oil.

The topic that SHOULD really be saturating the news but is all but ignored by the medium is the recent vote in the Senate on renewable energy tax credits. We all know the ONLY way we are going to wean ourselves from oil is to invest in renewable energy. Yet the Republicans are blocking a bill to renew soon-expiring tax credits for such research.

Buried in section B, page 2 in Sunday’s Inquirer:

In a 51-43 vote, the Senate failed to reach 60 votes needed to end GOP blockage of a bill to extend renewable-energy tax credits due to expire at year’s end. The credits would promote fuel extraction from sources such as the sun, wind, earth and crops and promote the manufacture of more energy-efficient homes, buildings and appliances.

A yes vote was to advance the bill (S 3335).

Voting yes: Joseph R. Biden Jr. (D., Del.), Thomas Carper (D., Del.), Bob Casey (D., Pa.), Robert Menendez (D., N.J.), and Frank Lautenberg (D., N.J.).

Voting no: Arlen Specter (R., Pa.).

The Republican’s say they’re against the bill because they oppose any new tax increases, but we all know the real, simple reason:

Big oil OWNS the GOP.

GOP continues to oppose package of tax breaks, renewable energy credit

Advertisements

One comment

  1. Big business owns ALL political groups.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: