[bestintxas]

The complete idiot must be alone in the world if the thinks this will lower gas prices.

Like trying to get a cheaper hamburger by adding taxes to McDonalds?

Note to libs: this guy is no patriot of this country.

[FlingWingFlyer]

Barry Soetoro is a complete moron.

[lowbridge]

Bump

[ml/nj]

I wonder if he could be more specific. Is he trying to have oil companies pay taxes on gross income instead of net income?

ML/NJ

[andyk]

I wonder if he could be more specific. Is he trying to have oil companies pay taxes on gross income instead of net income?

Our illustrious leader wants to prevent oil and gas companies from benefiting from the domestic production tax deduction that oil and gas companies get, along with a plethora of other domestic manufacturers.

[Captain Jack Aubrey]

OK, I get it. Make producing oil and gasoline more expensive and that will result in lower oil and gas prices. And something tells me the American people will buy into that.

[nhwingut]

A report by the nonpartisan Congressional Research Service last year found that eliminating the subsidies would likely result in higher gas prices in the short term.

So basically Obama is calling for higher gas prices just to punish "big oil." The guy is insane.

[Gene Eric]

Because the markets and taxation have no effect on prices.

[Focault's Pendulum]

Gasoline rationing stamps, circa WWII, are on the horizon.

[Sivad]

Hey BO! How much is the federal government skimming
off the top of a gallon of gas?

[FormerACLUmember]

Obama is damned determined to massively raise the price of gasoline, isn't he?

$5 a gallon isn't high enough, is it Obama? You want it at $9 a gallon like the Euro-Socialists charge.

Meanwhile a grinning lazy-ass Obama drives around in his 5 miles per gallon super limousine, laughing that he will never have to pay a penny for fuel.

Mr. Environmentalist

[GeronL]

end tax breaks for Hollywood?

end tax breaks for $36,800 per plate fundraising dinners with the President?

[a fool in paradise]

Barack Obama SUPPORTED the unrest in the Middle East and has tried to take CREDIT for overthrowing the leaders of Egypt and Libya. Never forget.

[mountainlion]

There is no greater factor to the costs of energy than the Federal government. The main scream media whined that Exon made $4B profit last gas spike but failed to say that they payed $35B in taxes. Someone is out to destroy the American people.

[Salvation]

**Obama: End tax breaks for oil companies**

Why:

So the common folks like us can pay more for gas?

Obortion O, you are nuts.

[snowsislander]

Instead, Mr. Obama said his administration is cracking down on oil profits — on traders who “distort the price of oil, and make big profits for themselves at your expense.”

The marxist Kenyan Clown hates our free market system as well as our capitalist roots.

But the Kenyan Clown truly shows himself to be an idiot when he tries to make the nonsensical argument that raising the costs for oil companies will magically lower the prices that an oil company charges.

[NoLibZone]

Far and away the industry with the wealthiest CEO’s and biggest nbrs of 1%ers is the Hollywood Entrainment Industry.

End the tax breaks to Hollywood.

[Qbert]

Shorter Obama:

End tax breaks for oil explorers... but give billions of taxpayer dollars to bankrupt solar companies run by my fat-cat donors.

[Leep]

Obama acts like someone using cocaine. Especially the grandiosity part.

[unique1]

Oil companies and all other large corporate entities pass on expense and any reduction in government subsidies to consumers. A very simple concept.

Why would Obama pull for something like this at this time?

It’s sort of like his agenda trumps everything else in a big way - like he’s Godlike in some way. We seem screwed.

[Figment]

A report by the nonpartisan Congressional Research Service last year found that eliminating the subsidies would likely result in higher gas prices in the short term.

That’s a damned lie. It will lead to higher energy costs across the board permanently