well, I've been reading all about the HR6 vote Thurs. to stop giving candyloanouts to Big Oil: the article is from the L.A. Times @
http://www.latimes.com/...
"But with Democrats in charge, perhaps no industry will find the new Congress less hospitable than the oil industry.
That will be underscored Thursday when the House is expected to approve a bill that would repeal billions of dollars in oil industry tax breaks passed by the GOP-controlled Congress.
The measure would raise about $14 billion over 10 years by repealing the tax breaks and by closing a loophole that allowed royalty-free offshore oil leases. The money would be used to promote energy conservation and develop alternative fuels..."
...Has anyone followed this & if so,
what do you make of it--> will it just allow Big Oil
to gobble up handouts for entanol production/research?
just wondering.