Home > Politics > Is Boehner Back Tracking On Big Oil?

Is Boehner Back Tracking On Big Oil?

John Boehner [Image 2 of 10]

Image by DVIDSHUB via Flickr

Check out this statement from Rueters:
“Congress should consider cutting multibillion-dollar subsidies to oil companies amid rising concern over skyrocketing gas prices, House of Representatives Speaker John Boehner said on Monday”

Did Hell just freeze over? Are there donkeys flying outside my office window? Is a Republican oil lackey daring to bite the hand that feeds?

Don’t get too excited; Boehner tempered his bluster with the usual “I’m going to have to check all the facts” rhetoric, which usually means “I’ll change my mind for the right price.”

Of course, Boehner points the finger at Obama, as well as the oil companies for the high price of gas. In addition, he predicts Obama’s ouster in 2012, if gas climbs to $5 or $6 a gallon.

It seems as if Boehner is trying to take the heat off himself for his incompetence; he’s resorted to pointing more fingers than New Jersey Gov. Chris Christy at a donut shop.

http://m.yahoo.com/w/ynews/article/politics/1?url=http%3A%2F%2Fxml.news.yahoo.com%2Fus%2Fnews%2Frss%2Frichstoryrss.html%3Fu%3D%2Fnm%2Fus_usa_oil_boehner&.ts=1303829765&.intl=us&.lang=en

Posted with WordPress for BlackBerry.

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  1. April 26, 2011 at 12:00 pm

    With the mega profits the big oil companies make, why is the government still giving them big subsidies?

    Like

    • April 26, 2011 at 1:26 pm

      That, my friend, is the billion(s) dollar question. Supposedly the subsidies and tax breaks stimulate American oil production, which in turn stimulates job and economical growth, as well as keeping gas prices down.

      Like you, I think that’s all bullshit. The only thing that gets stimulated is the oil companies’ profit margin. Meanwhile, we’re still paying an arm and a leg for gas, and our environment continues to erode because of the drilling, as well as the seemingly endless chain of spills.

      Like

  2. April 27, 2011 at 9:56 am

    How many dollars are involved? 4 billion? Sure that is a small slice of the total budget … actually peanuts … but it would seem to be an easy cut to make … and a nonpartisan on at that.

    Like

    • April 27, 2011 at 7:59 pm

      I agree with you there. 4 billion may seem like chump change in the face of a $14 trillion dollar deficit,but it would be a nice start…

      Like

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