Marathon Pundit: Dem congressman calls Obama "completely uninformed" about energy industry; supports industry tax breaks

Morton Grove, IL,
April 25, 2011

Eliminating tax breaks for oil companies will not lower gasoline prices. And high oil company profits aren't the reason I paid $4.34 a gallon the last time I filled up my tank. It's a supply issue, or make that, a lack of supply issue.

But President Obama, along with Harry Reid, and most of the rest of the Democratic Party, wants to eliminate them. Earlier this year the Senate rejected such a proposal.

But one Democrat, U.S. Rep. Dan Boren of Oklahoma, supports the tax breaks. "The industry is not made up of just major companies, it is made up of small independent firms like those in Oklahoma that produce a vast majority of our domestic production."

Not only did he say Obama was "completely uninformed" about the oil and natural gas industry, he also took a jab at his leadership skills: "If the president doesn't want to stand up and be a leader, then his silence would be appreciated from people who are trying to find solutions."

Related post:

Will Obama's 'reducing spending in the tax code' harm energy firms, cost jobs?

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