Showing posts with label OIL. Show all posts
Showing posts with label OIL. Show all posts

Tuesday, April 26, 2011

Obama to Congress: End Big Oil's tax breaks... NOW

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In a letter Tuesday afternoon, President Barack Obama urged House and Senate leaders to "take immediate action to eliminate unwarranted tax breaks for the oil and gas industry, and to use those dollars to invest in clean energy to reduce our dependence on foreign oil."





Rising Gas Prices Expected To Increase Exxon’s Earnings By More Than 50%






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Rising Gas Prices Expected To Increase Exxon’s Earnings By More Than 50%

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The country’s five biggest oil companies — BP, Chevron, ConocoPhillips, ExxonMobil, and Shell — made a total profit of nearly $1 trillion over the last ten years. In 2008, ExxonMobil broke its own record for most profitable year for a public company in history by making more than $45 billion. And according to an analysis in the Wall Street Journal, rising oil prices in 2010 mean that Big Oil’s profits this year “could come close to rivaling the industry’s record year in 2008”:

Despite these sky-high profits, House Republicans voted unanimously last month to preserve the billions in subsidies that oil companies receive from the federal government every year. Gas prices in many parts of the country are currently higher than $4 per gallon.






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Monday, April 18, 2011

TRUMP 2012 (VIDEO)

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DONALD TRUMP 2012

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The Donald's latest book























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Donald Trump says US should steal oil from Libya after saying US should steal oil from Iraq last week (VIDEO)

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And they said it was about regime change and humanitarian aid.







Trump: ‘When you have a war and you win, that nation is yours’

Donald Trump said Sunday that as president, he would not have acted to protect civilians in Libya until they agreed to write a big check to the U.S.

“Why aren’t they paying us?” Trump asked CNN’s Candy Crowley. “When they said that you should have said, we’ll go in. We want $5 billion. We have already spent $1.5 billion on fighting Gaddafi. We want $5 billion right now and we’ll go in. You know what? That’s peanuts to them. They’d give you a check in two seconds.”

The billionaire also said he was nostalgic for a time when the U.S. could claim the resources of defeated nations.

“In the old days when you have a war and you win, that nation is yours,” he said. “Either I go in and take the oil or I don’t go in at all.”

“Just take their oil?” Crowley asked.

“Absolutely,” Trump replied. “I’d take the oil, give them plenty so they can live very happily. I’d take the oil.” WATCH VIDEO HERE











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Sunday, April 3, 2011

Largest US Embassy in the world, based in Iraq, to Double Staff to 16,000 workers plus 5,500 private US security guards

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In the US we don't have money for schools, hospitals, roads, medicaid, police, fire departments...






The US Embassy in Baghdad, already the largest in the world, is expected to double its staff after American forces pull out of the country later this year.

"We'll be doubling our size if all of our plans go through and if we receive the money from Congress in 2011 and then again in 2012," James Jeffrey, the US ambassador in Iraq, said.






Will the Washington White House move to Iraq?





Security firms like Blackwater get about $300,000 per year per man and they pay their mercenaries about $100,000 to $150,000 each. In one year, we the US taxpayers, will pay One-and-a-half BILLION dollars just for security guards in the US Embassy in Iraq.

If these were US Marines guarding the embassy, like they always did, we would only pay eleven million dollars.






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