Obama urges Congress to end $4 billion in subsidies for oil and gas companies

[one...two...tree 2,762]

NASHUA, N.H. — With his re-election fate increasingly tied to the price Americans are paying at the gas pump, President Obama asked Congress on Thursday to end $4 billion in subsidies for oil and gas companies and vowed to tackle the country's long-term energy issues while shunning "phony election-year promises about lower gas prices."

Mr. Obama, in an appearance at Nashua Community College here, took a page out of his jobs strategy of last year, calling on Americans to contact their Congressional representatives and demand a vote on the oil subsidies in the next few weeks.

"You can either stand up for the oil companies, or you can stand up for the American people," Mr. Obama said. "You can keep subsidizing a fossil fuel that's been getting taxpayer dollars for a century, or you can place your bets on a clean-energy future."

The president criticized Republicans who have called for the country to increase its own oil production, declaring that "anyone who tells you we can drill our way out of this problem doesn't know what they're talking about." With the United States consuming more than 20 percent of the world's oil while having only 2 percent of the world's oil reserves, Mr. Obama said "we can't rely on fossil fuels from the last century."

Calling for renewed investment in alternative energy, he vowed to make a "serious, sustained commitment to tackle a problem that may not be solved in one year or one term or even one decade."

http://www.nytimes.c...es.html?_r=1

[I AM NOT THAT GUY 5,715]

End all those energy subsidies, and manufacturing subsidies, and crop subsidies! Right on Steven! Welcome to the darkside! :dance: