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Obama Renews Call on Congress to End Oil Subsidies

HeadlineMar 02, 2012

President Obama, meanwhile, paid a visit to New Hampshire, where he renewed his call for a repeal of federal subsidies to Big Oil.

President Obama: “Does anyone really think that Congress should give them another $4 billion this year? Of course not. It’s outrageous. It’s inexcusable. And I’m asking Congress: eliminate this oil industry giveaway right away. I want them to vote on this in the next few weeks. Let’s put every single member of Congress on record. You can stand with the oil companies, or you can stand up for the American people. You can keep subsidizing a fossil fuel that’s been getting taxpayer dollars for a century, or you can place your bets on a clean energy future.”

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