Earlier this month, President Obama called on Congress to repeal the $4 billion annual subsidies we give to oil companies, and they are scheduled to vote on doing so today. Investing in an all-of-the-above energy strategy requires the putting the right incentives in place.
Instead of subsidizing the fossil fuels of the last century by giving away $4 billion of taxpayer money each year to oil companies that are more profitable than ever, we should be investing in a clean energy future -- especially when gas prices are high and drivers, whose budgets are already stretched thin, are feeling the pain at the pump.
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