OIL AND ENERGY POLICY
Obama Says $4 Billion in Tax Breaks for Oil Companies Should Be Scrapped
"In his weekly radio and Internet address, the president said the U.S. shouldn't be granting $4 billion in tax breaks to oil companies at a time when they are reaping tens of billions of dollars in profit and gasoline prices have risen above $4 per gallon in much of the nation."
Let's cut off the subsidies to profitable oil companies
Can the GOP Break Its Oil Addiction? (Frum Forum)
"If Republicans can garner the courage to make a clean break from their habit of subsidizing oil companies, they will not only strike a blow for intellectual consistency, but they will be helping our nation to break its oil addiction and give cleaner, more domestically available, alternative fuels a fair chance to compete in the market place."
Casting Oil Upon the Waters: The House Drilling Bills (NRDC)
"These bills are more than a Big Oil wish list; they are a sort of oil utopia – and they could make sense only in a utopian world in which oil spills could never ever happen, in which there are never conflicts between the oil industry and other economic interests like fishing and tourism, and in which oil companies always take environmental and safety concerns fully into account. It's as if Rep. Doc Hastings (R-WA), the bills' sponsor, set out to prove how apt it is to talk about the U.S. "addiction" to oil. Under these bills, the U.S. would truly be acting like an addict, willing to sell out any principle, dispense with any caution, endanger any asset to get its next fix. Again, these bills ought to be seen as irresponsible even by supporters of increased drilling."
WSJ Offshore Drilling Poll
NORTH CAROLINA
LTE: Ocean energy
"I feel deeply chagrined after reading your April 21 article regarding three GOP state senators who are filing a bill to open the North Carolina coast to offshore drilling. Instead of investing time and money in prolonging our dependence on oil and gas as primary energy sources, we should be aggressively exploring and developing alternative energy technologies that will reduce and ultimately eliminate our reliance on nonrenewable resources."
