Obama: Congress Should End Oil Subsidies - Cbs News

CBS NewsObama: Congress should end oil subsidiesCBS NewsPresident Obama urges Congress to eliminate tax breaks for oil and gas companies (Credit: Charles Dharapak) UPDATED 11:42 am ET (CBS News) President Obama on Thursday urged Congress to drop billions of dollars in tax breaks that amount to subsidies for ...Obama renews call to cut 'big oil' subsidiesCNNObama: Americans getting hit twice over gas prices — at the pump and with tax ...Washington PostObama Says Oil Company Profits Justify Ending US Tax BrBusinessWeekLos Angeles Times -Politico -Bloombergall 221 news articles »

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    The federal government has allowed companies that extract oil products to deduct related costs – such as construction, drilling, and other expenses – since 1916, when oil was a new industry that ...
    05/6/2024 - 12:14 am | View Link
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