Obama's support for Big Oil

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)

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. :D
 
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