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Reuters (2023)..."Biden budget to target U.S. fossil fuel subsidies"....Don't lead with your Chin...

Author: TyroneIrish (20572 Posts - Joined: Oct 8, 2020)
Posted at 9:17 pm on Feb 8, 2025
View All

...from the attached article...
-----------------------
March 8 - U.S. President Joe Biden will propose a budget that would scrap oil and gas industry subsidies, according to a document seen by Reuters, reviving a perennial debate about whether fossil fuel companies should be receiving lucrative tax breaks.

While the proposal has little chance of making it through a divided Congress, it represents a political signal from the White House, which has repeatedly criticized Big Oil for raking in record profits at a time of high consumer energy costs since the Russian invasion of Ukraine.

----------------------

Please do yourself, and the rest of us, a favor...research the "Null Hypothesis" before posting.


Link: https://www.reuters.com/business/energy/biden-budget-target-us-fossil-fuel-subsidies-2023-03-09/

This message has been edited 1 time(s).

Replies to: "Reuters (2023)..."Biden budget to target U.S. fossil fuel subsidies"....Don't lead with your Chin..."

  • "Fossil Fuel Subsidies Surged to Record $7 Trillion"...Mr. DOGE needs to learn how to read [LINK] - TyroneIrish - 6:40pm 2/8/25 (13) [View All]
    • Why was Biden giving so much to O&G? [NT] - iairishcheeks - 7:42pm 2/8/25
      • Reuters (2023)..."Biden budget to target U.S. fossil fuel subsidies"....Don't lead with your Chin... [LINK] - TyroneIrish - 9:17pm 2/8/25
        • Both articles are from 2023. [NT] - iairishcheeks - 11:37pm 2/8/25
          • They answer your question...i.e. the 1st details how egregious the O&G subsidies are, and the 2nd - TyroneIrish - 12:04am 2/9/25
            • He didn't stop them. Are you suggesting Elon can get done what Joe couldn't? [NT] - iairishcheeks - 12:45am 2/9/25
              • Oh Boy...we are (hopefully will be) a democratic nation...there are laws, rules...and votes. Biden - TyroneIrish - 1:00am 2/9/25
                • Your OP indicated that Elon should eliminate O&G subsidies. - iairishcheeks - 1:28am 2/9/25
                  • Elon Musk doesn't have the authority to do anything...I'm suggesting that he ID opportunities for - TyroneIrish - 1:48am 2/9/25
    • Should also be a few savings to make on contractors of the space program, dontcha think? [NT] - Frank L - 6:50pm 2/8/25
      • Definitely. Target your political enemies with government power. That is what America is about. [NT] - NedoftheHill - 7:53pm 2/8/25
        • Is that why Musk is stealing people's private data and information? [NT] - FinnMcCool - 8:11pm 2/8/25
          • Whatabout Musk? You mean our new god-king? [NT] - NedoftheHill - 5:10pm 2/9/25
        • No that would be you guys. Shouldn’t all major government contractors be targeted for cuts? [LINK] - Frank L - 8:11pm 2/8/25
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