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Bob Franken: Energy industry creates jobs . . . at a steep cost to all of us
What ingrates we are. How could we even think of rolling back $4 billion a year in tax subsidies for big oil and gas? Just because the energy corporation-nations are making even more gargantuan profits...
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Oil industry launches ad campaign to tout energy independence (updated)
The American Petroleum Institute is kicking off a new advertising campaign designed to boost support for domestic oil production and the proposed Keystone XL pipeline that would deliver Canadian tar...
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Obama: Congress must ax oil industry tax breaks as part of debt deal
In a news conference in the White House's East Room, President Barack Obama said lawmakers will have to make "tough choices" to cut the federal deficit including whether to preserve oil industry tax...
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Study: Restoring Gulf drilling to pre-spill levels could create 190,000 jobs
The study, commissioned by two oil industry trade groups, found that 190,000 direct, indirect and induced jobs could be created over the next two years if the pace of offshore drilling in the Gulf of...
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White House hits Lamar Smith with veto threat over bills concerning regulations
President Obama threatened today to veto Texas Rep. Lamar Smith's two measures for reforming the regulatory process, saying the bills would hinder agencies from issuing regulations that protect the...
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Cornyn, Hutchison seek to force Obama to make pipeline decision before election
Texas Sen. John Cornyn argued that the legislation would rightly force Obama to publicly proclaim whether Keystone XL's potential economic and national security benefits justify the project. "This bill...
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Obama tells Congress he wants “all of the above” energy strategy
President Obama made the case Tuesday night for producing more of the United States’ energy supplies domestically in pursuing an “all-of-the-above” approach to further bolster the economy and national...
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A look at the Super Bowl ads with political agendas
Whether you were rooting for the Patriots or for the Giants, there’s one thing everyone can thank the Super Bowl gods for -- the fact that our airwaves weren’t inundated with presidential candidates...
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Obama seeks to end oil industry tax breaks — again
It is the fourth straight year Obama has made a call to roll back tax breaks for the oil and gas industry, but the call is largely a symbolic statement because of little chance to pass through Congress.
View ArticleObama budget would end oil industry tax breaks, hike royalites
In unveiling his $3.8 trillion spending plan for the U.S. government on Wednesday, President Barack Obama revived his longstanding attack on oil industry tax breaks and formally launched a plan to pay...
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