President Obama in his weekly address called out for ending the subsidies to oil companies, which in the first few months gained $25 billion, up 30% from last year. The subsidies amount to $4 billion a year.
The gas prices are over $4 per gallon now. The President referred to the new fuel standards that saves gas and the environment, and denounced the moves to cut funding for the clean energy initiatives.
The gas prices are over $4 per gallon now. The President referred to the new fuel standards that saves gas and the environment, and denounced the moves to cut funding for the clean energy initiatives.