Libsmasher
Well-Known Member
- Joined
- Jan 9, 2008
- Messages
- 3,151
Obama voted FOR the Energy Policy Act of 2005
http://iconicmidwest.blogspot.com/2008/08/obama-i-was-for-it-before-i-was-against.html
Among other things, it (from wiki)
http://en.wikipedia.org/wiki/Energy_Policy_Act_of_2005#Tax_reductions_by_subject_area
Obama - in Big Oil's hip pocket.
http://iconicmidwest.blogspot.com/2008/08/obama-i-was-for-it-before-i-was-against.html
Among other things, it (from wiki)
Provides incentives to companies drilling for oil in the Gulf of Mexico;
Exempts oil and gas producers from certain requirements of the Safe Drinking Water Act;
It includes the following tax reductions:
$4.3 billion for nuclear power
$2.8 billion for fossil fuel production
The Washington Post contended that the spending bill is a broad collection of subsidies for United States energy companies; in particular, the nuclear and oil industries.
http://en.wikipedia.org/wiki/Energy_Policy_Act_of_2005#Tax_reductions_by_subject_area
Obama - in Big Oil's hip pocket.