Dem's rollback Big Oil tax breaks in first 100 hours

Mon, 2007-01-22 09:56Kevin Grandia
Kevin Grandia's picture

Dem's rollback Big Oil tax breaks in first 100 hours

Here's some video footage of Democratic House Leader, Nancy Pelosi, talking tough on global warming and energy independence.

Within the first 100 hours of the new Congressional session, Pelosi and the Dems have committed to introducing new legislation “repealing big oil subsidies and investing in renewable fuels.” So far, the Democrats have kept to their word and passed the Clean Energy Act, rolling back subsidies to big oil companies.

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There are enough articles on the “myth of peak oil” floating around the Internet to fill a book; and there are enough books on the subject to fill a small library.  One of the common threads throughout these publications is their lack of credible sources, because not only is peak oil real, but we’re rapidly approaching that threshold. 

An example that is smacking the United...

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