Oil Lobby Launches Ads To Thank GOP Super Committee Members For Preserving Billions In Oil Subsidies

[ProSense]

Oil Lobby Launches Ads To Thank GOP Super Committee Members For Preserving Billions In Oil Subsidies

By Lee Fang

The American Petroleum Institute, a umbrella lobbying group for the oil industry, has new ads out thanking GOP members of the super committee for preserving billions in oil subsidies. The ads, posted on the industry group’s YouTube page last night, thank GOP super committee members Sens. Rob Portman (OH) and Pat Toomey (PA) and Reps. Dave Camp (MI) and Fred Upton (MI), and for opposing efforts to eliminate wasteful taxpayer subsidies to oil companies. API, which represents ExxonMobil, Shell Oil, Chevron, and other major oil corporations, calls the attempt to cut the subsidies “new job-crushing energy taxes!” Watch a sample of the Orwellian ads below:

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Meanwhile, the world’s largest oil companies recently posted quarterly profits of $24 billion.

[tabatha]

1. This is what I read on a Free Market website

Quote of the day: "Capitalism is about choice. Government intervention is the use of force. When a business uses government subsidies and eminent domain to run its business, that’s not capitalism. That’s not the free market. That’s stealing." - Prof. Art Carden

This is a website that quotes the Heritage Foundation and is associated with the Kochs (oil subsidies.)

What a joke!

[Tarheel_Dem]

2. K & R

:kick:

[ProSense]

3. How about a kick, with an election win:

AP: Ohio Repeals Anti-Labor Law, Senate Bill 5 (Think Progress)



:bounce: