Pelosi's Energy Bill rocks!

Discussion in 'Current Events' started by doeton, Sep 17, 2008.

  1. doeton
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    doeton Senior Member

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    House Adopts Plan to Ease Offshore Drilling Ban

    this is great. awesome. the dims actually getting something right.


    http://www.nytimes.com/2008/09/17/washington/17cong.html


    "...oil companies would lose some tax benefits,

    ...utilities would be required to produce 15 percent of their electricity from renewable sources by 2020

    ...a ban on developing fuel from Rocky Mountain shale would be lifted. (well that can't do everything right...)

    ...It would impose stricter oversight on the agency that handles oil leasing and royalty payments after recent disclosures of improper relationships between its employees and oil industry representatives."

    plus i heard elsewhere it removes support for assine nuke power.


    and get this the pubs are objecting because it will eliminate about $18 billion in tax breaks for oil companies, including a manufacturing deduction of particular benefit to large firms.

    :clap2:
     
  2. Charles_Main
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    Charles_Main AR15 Owner

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    What wonders never cease.
     
  3. Jeepers
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    Jeepers Senior Member

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    LOl.. well.. its going to get vetoed .. and there is very little oil over 50 miles off the coast and the current restrictions were about to expire.. if they did you could drill just shy of the high water mark.. but.. if you like that bill .. then woo... go get em tiger..
     

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