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Obama presses lawmakers to cut oil tax breaks

US President Barack Obama pressed lawmakers Thursday to cut tax breaks for the petroleum sector, saying they can “stand with big oil companies, or they can stand with the American people.” Obama, under pressure in an election year over a surge in fuel costs, said the nation cannot afford the subsidies at a time…

Obama calls for investment in clean energy

US President Barack Obama called on Congress Saturday to invest more money in clean energy technologies and end multi-billion-dollar subsidies given each year to oil companies. “I want this Congress to stop the giveaways to an oil industry that’s never been more profitable, and invest in a clean energy industry…

Obama slams rivals over ‘phony’ $2 gas plans

President Barack Obama on Wednesday rebuked foes who promise “three-point plans for two dollar gas,” aiming to deflect election year attacks sparked by rising US petrol prices. Obama’s remarks came as he traveled to the swing state of North Carolina to visit a Daimler Trucks plant to tout a new…

Obama calls for new energy technologies

President Barack Obama called on Saturday for the development of new technologies to help tackle America’s energy problems and the scrapping of a $4-billion-dollar tax break for oil companies. “We’ve got to develop new technology that will help us use new forms of energy,” Obama said in his radio and…

O’Malley mocks Gingrich on $2.50 gas: He also promised moon colonies

Maryland Governor Martin O’Malley on Sunday suggested that Newt Gingrich’s recent promises about lowering the price of gas in America were absurd. Gingrich vowed to get gas prices down to $2.50 per gallon if elected president by increasing domestic energy production. But economists noted that the U.S. would have to…

‘Activists’ pray for lower gas prices

The last time Rocky Twyman and friends invoked the power of prayer to pull down the price of gasoline was in 2008, when a gallon of regular was going for a US national average of $4.12 in mid-summer. God must have been listening: prices did fall, all the way to…

Obama goes on offensive as gasoline prices soar

MIAMI — US President Barack Obama tried to head off Republican criticism over rising gasoline prices Thursday, ridiculing their responses as bumper-sticker policies designed to win an election, not to solve the problem. Visiting the hard-hit election battleground of Florida, a feisty Obama responded to a barrage of Republican criticism…

Take the train and take your life back

Via Brian, a story from Florida about how the surge in train use hasn’t gone down as much as you’d think as gas prices creep down to where they were. This was my concern as I saw gas prices start going down at the pump. (In Austin, it’s below $2…

Don’t let this man anywhere near the economy

OK. I opened a can of whoopass on McSame a bit ago for being completely computer illiterate, but his cluelessness on the following matter defies description — why would we want this man to run the country? Look at this exchange with the Orange County Register’s Martin Wicksol when asked…

To Infinity…And Global Depression!

When asked about gas prices at the pump, and whether they could go any lower, Sen. McCain said he didn’t think so because “You’ve got a finite supply, basically, and a cartel controlling it.” This is exactly wrong. There is no finite supply, or if there is we are 100…

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