Dems Aim To Cut Big Oil Tax Breaks for Deficit Reduction
"Leading Senate Democrats have coalesced around a political strategy in their uphill battle to repeal billions of dollars in oil industry tax breaks: Make it all about the deficit."
"Leading Senate Democrats have coalesced around a political strategy in their uphill battle to repeal billions of dollars in oil industry tax breaks: Make it all about the deficit."
"Peabody Energy, the world’s largest coal company, is not, repeat, NOT, giving kids free asthma inhalers decorated with pictures of Justin Beiber, My Little Pony or Miley Cyrus."
"Prime Minister Naoto Kan said Tuesday that Japan would abandon plans to build more nuclear reactors, saying his country needed to 'start from scratch' in creating a new energy policy."
"Renewable energy could meet nearly 80 percent of the world's energy needs by mid-century and play a crucial role in fighting global warming, the UN's climate scientists said Monday in a major report."
"U.S. Attorney General Eric Holder on Friday directed a special task force to look into whether gasoline prices are falling in the wake of the drop in oil prices and if not, whether it was because of fraud or market manipulation."
"Methane levels were 17 times higher in ground water near areas where shale-gas 'fracking' wells had been drilled in Pennsylvania, compared with areas where no gas drilling had occurred, a new study has found."
"Gov. Scott Walker and the Republican Legislature have moved quickly to weaken a string of environmental and energy programs as they contend with a budget deficit and make economic development their top priority."
"With rising gasoline prices and skyrocketing oil company profits as a backdrop, the House approved a bill on Thursday to force the Obama administration to accelerate oil lease sales in the Gulf of Mexico and off the coast of Virginia."
As all-electric cars are just arriving in showrooms, there is a new movie out called "Revenge of the Electric Car." It's by Chris Paine, who directed the 2006 documentary, "Who Killed the Electric Car?"
"The oil giants — BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell—recently released their first quarter reports. Together, the big five's profits were 38 percent higher in the first quarter of 2011 than the same period last year."