Lawmakers Near Agreement on Energy Bill

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Lawmakers Near Agreement on Energy Bill

We can debate the pros and cons of this legislation but this kind of rhetoric really frosts my cookie so to speak:

But some Democrats criticized the bill for providing cash-flush energy companies a mountain of tax subsidies, loan guarantees and support such as help to pay for deep-water oil exploration and drilling.

"These are the wealthiest companies in America. We shouldn't be subsidizing them," complained Rep. Edward Markey (news, bio, voting record), D-Mass.

These clowns will be the first ones railing against the dependence of the USA on foreign oil imports especially from the Middle East. Earth to Markey, the production costs in the Middle East are a lot lower and if production costs are too high guess who quits producing oil and guess who we become more reliant on.