February 24, 2012

Time to put an end to Big Oil subsidies

When it comes to government subsidies, farmers at the moment are proving themselves to be a much more reasonable lot than those in the oil business.
Both are making record profits yet only the farmers appear ready to help save the country some money and forego subsidies for their crops.

The oil business? Not so much.

“In the current dynamic, we can’t take anything for granted,” the American Petroleum Institute’s Marty Durbin told the Houston Chronicle. “Given the strong desire for new members of Congress to want to show they are really doing something on cost-cutting and deficit reduction, you never know…

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