Obama Urged Americans to Cancel Subsidies for Oil Companies
U.S. President Barack Obama addressed the American people with the request along with him to put pressure on Congress, so that he soon canceled subsidies for oil companies.
Obama urged Americans to cancel subsidies for oil companies
“I expect that the Congress in the next few weeks to vote on the abolition of these subsidies. And when they do, we will check each member of Congress: they support the oil companies or the American people … So make sure that your voices are heard . Send your representative in Congress, an e-mail. Give them a call. Ask them to stay on your side “- Obama said Saturday in a traditional radio address to the nation.
He recalled that every year four billion dollars from the pockets of taxpayers forwarded to subsidize the oil industry, which is unacceptable, because the oil companies reap huge profits.
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Obama also stressed that although it is important to increase oil production, this is not enough.
“Ever since I became president, America’s dependence on foreign oil is reduced each year. In 2010, the first time in 13 years, less than half of the total amount of oil we used was from abroad,” – he added.
President in May of last year, said the grants released by the abolition of the means he intends to direct the development and implementation of alternative and renewable energy.
The President had already linked his initiative with the need to overcome the U.S. economy totally dependent on imported oil. The idea became current after a sharp rise in gasoline prices in the U.S.. America is faced with the prospect of new gasoline crisis more than a month ago, after the first bombing of the coalition countries, an important oil exporter – Libya.
Americans are sensitive to fuel prices, as is traditionally the basis of the country’s fleet of cars with engines up a large amount. On motor fuel dependent, many sectors of the economy, in particular passenger and cargo transportation.