Weekly Address: Ending Subsidies for Big Oil Companies

President Obama says that America needs an all-of-the-above energy strategy that invests in new technologies and ends the $4 billion in annual subsidies to oil companies that are earning historic profits.

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  News & Politics

[Stitch Shifter]

We should outlaw stock trading among ALL our politicians.  It is a H U G E CONFLICT OF INTEREST!

[Chris Tubestinks]

You're a puppet of the corporate greed machine. Didn't I already explain that the large oil companies are suppressing green energy for their own interests? These people are not your friends or allies. The mafia has big investments in oil. Do you work for the oil industry or something?

[jim johnson]

"Under my administration, we've been drilling more at home than any time during the last 8 years"

thats not very impressive...

[ThePhenomXYZ]

he actually isnt even black in this video? i swear his skin colour changes

[chaisecranston]

Ahh......Ignorance is SOOOO.....very bliss. Thanks for the statement!

[chaisecranston]

So, let's outlaw business in America? Is that what I'm hearing? Natural Gas and oil producers are evil in this country? These polititions need to be tried for treason, as energy producers in this Country provide the life line of it. I am discusted with this statement from "this guy".

[Chris Tubestinks]

Don't end oil subsidies, Obama. You wouldn't want to ruin a businessman's profits. If the Superman villain Lex Luthor were a real person then no doubt Fox News would be calling him a job creator. He hired 10 henchmen and 2 mad scientists this week. Yeah. And guess what? I learned that oil companies aren't looking out for their own interests. Isn't that amazing? It's all about the consumer. Not taking advantage of the consumer and ripping people off. That's never happened in business. LOL.

[Chris Tubestinks]

I though big business was all about profits! Sorry. Apparently, the oil companies use our tax money in the form of subsidies to produce RAINBOW AND SUNSHINE at reasonable prices. It's not like I was ever gonna miss that $20 bill I spent at the gas pump. Gas prices are very reasonable. Oil subsidies actually piss me off, sarcasm aside. What kind of a retard is a Republican for supporting such subsidies? A retard who think Jesus is gonna save us from dependence on oil at the Second Coming. Mental.