Showing posts with label Obama hits out at oil giants over high pump prices. Show all posts
Showing posts with label Obama hits out at oil giants over high pump prices. Show all posts
Obama hits out at oil giants over high pump prices
"We have got a real problem here. Families day-to-day, they are driving to work. They are just watching their pay cheques get whittled away. They need some relief," Obama told WXYZ television, Detroit.
The president wrote to Republican and Democratic leaders on Capitol Hill, calling on them to "eliminate unwarranted tax breaks" to the oil and gas industry and to reinvest in clean energy to cut US dependence on foreign oil.
Republicans countered that Obama's budget prescriptions
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