Posts Tagged ‘ oil drilling ’

House GOP Votes to Protect Big Oil Giveaway

May 6th, 2011 | By

WASHINGTON – May 5 – By a vote of 241-171, the House of Representatives today blocked the repeal of just one of the many taxpayer-funded subsidies that benefit big oil companies. House Republicans voted in lockstep, joined by seven Democrats, to protect the Section 199 domestic manufacturing tax credit, a multibillion-dollar giveaway for the five

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Interior halts deepwater environmental exemptions

Aug 16th, 2010 | By

The Obama administration announced Monday it is requiring environmental reviews for all new deepwater oil drilling. That means an end, at least for now, to the kind of exemptions that allowed BP to drill its blown-out well in the Gulf with little scrutiny. BP’s ability to get environmental exemptions from the Minerals Management Service led

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