Hatin America

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Newt
Posts: 5095
Joined: Sat Jan 12, 2008 7:42 am

Hatin America

Post by Newt » Wed Oct 07, 2015 5:02 pm

quote:
President Obama on Wednesday threatened to veto a House bill that would end the nation’s 40-year-old ban on crude oil exports and open international markets to abundant American fuel.

Ending the ban has bipartisan support in both the House and Senate, and most energy analysts say the policy — which originated in the 1970s, when global fuel shortages and the Arab oil embargo led the U.S. to guard its own fuel supply — has outlived its usefulness.



quote:
But the White House said Congress shouldn’t be wasting its time with fossil-fuels legislation and instead should promote renewable energy.

“Legislation to remove crude export restrictions is not needed at this time,” the White House said in a statement of administration policy, the most common vehicle for a formal veto threat. “Rather, Congress should be focusing its efforts on supporting our transition to a low-carbon economy. It could do this through a variety of measures, including ending the billions of dollars a year in federal subsidies provided to oil companies and instead investing in wind, solar, energy efficiency, and other clean technologies to meet America’s energy needs.”
http://www.washingtontimes.com/news/201 ... l-exports/


Obama likes to recycle money. From the taxpayer, through green energy companies, he gets his percentage in kickbacks.
He's got more people willing to give him kickbacks in the scandalous green industry when he leaves office. Pretty simple to understand.

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