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View Full Version : 1.5 BILLION dollars sneaked into Energy Bill



Hardrock69
07-29-2005, 09:50 AM
THIS IS FUCKING BULLSHIT!!!!

IT GOES DIRECTLY TO HALIBURTON, AND TEXAS OIL COMPANIES THAT THE BUSH FAMILY OWNS OR HAS AN INTEREST IN!!!

AND IT WAS SNUCK IN AFTER THE GAVEL WAS DROPPED, SO THAT NOBODY GOT A CHANCE TO VOTE ON IT OR EVEN KNOW IT WAS THERE!!!!

TOM DELAY & THE BUSH FAMILY ARE A BUNCH OF FUCKING GODDAMN CRIMINALS!!!!

:mad: :mad: :mad:

http://www.baltimorechronicle.com/072805Waxman.html

TO:
The Honorable J. Dennis Hastert
Speaker, US House of Representatives
H232 Capitol
Washington, DC 20515-6501

FROM:
Henry A. Waxman
Ranking Minority Member
US House of Representatives

Dear Mr. Speaker:

"....the subtitle provides that taxpayers will hire a private consortium controlled by the oil and gas industry to hand out over $1 billion to oil and gas companies. There is no conceivable rationale for this extraordinary largess."
I am writing to draw to your attention a provision in the Energy Conference Report that raises serious procedural and substantive concerns. At its essence, this provision is a $1.5 billion giveaway to the oil industry, Halliburton, and Sugar Land, Texas. The provision was inserted into the energy legislation after the conference was closed, so members of the conference committee had no opportunity to consider or reject this measure. Before the final energy legislation is brought to the House floor, this provision should be deleted.

The provision at issue is a 30-page subtitle called "Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Resources." This subtitle, which was taken from the House-passed energy bill, was mysteriously inserted in the final energy legislation after the legislation was closed to further amendment. The conferees were told that they would have the opportunity to consider and vote on the provisions in the conference report. But the subtitle was not included in the base text circulated to conferees, and it was never offered as an amendment.

Instead, the new subtitle first appeared in the text of the energy legislation only after Chairman Barton had gaveled the conference over. Obviously, it would be a serious abuse to secretly slip such a costly and controversial provision into the energy legislation.

On the merits, the subtitle is an indefensible giveaway to one of the most profitable industries in America. The provision establishes a $1.5 billion fund, up to $550 million of which would be dedicated direct spending, which is not subject to the normal congressional appropriations process. Although the name of the subtitle refers to "ultra-deepwater and unconventional natural gas," it appears that the $1.5 billion fund created by the subtitle can in fact be used for many oil and gas projects. According to the language of the subtitle, oil and gas companies can apply for funds for a wide variety of activities, including activities involving "innovative exploration and production techniques" or "enhanced recovery techniques." While oil and gas companies could be required to contribute to the costs of their projects, the subtitle expressly provides that the Department has discretion to reduce or eliminate any such contribution.

The subtitle appears to steer the administration of 75% of the $1.5 billion fund to a private consortium located in the district of Majority Leader Tom DeLay. Ordinarily, a large fund like this would be administered directly by the government. The subtitle, however, directs the Department to "contract with a corporation that is constructed as a consortium." The leading contender for this contract appears to be the Research Partnership to Secure Energy for America (RPSEA) consortium, housed in the Texas Energy Center in Sugar Land, Texas. Halliburton is a member of RPSEA and sits on the board, as does Marathon Oil Company. The subtitle provides that the consortium can keep up to 10% of the funds--in this case, over $100 million--in administrative expenses.

The subtitle further provides that members of the consortium, such as Halliburton and Marathon Oil, can receive awards from the over $1 billion fund administered by the consortium.

In short, the subtitle provides that taxpayers will hire a private consortium controlled by the oil and gas industry to hand out over $1 billion to oil and gas companies. There is no conceivable rationale for this extraordinary largess. The oil and gas industry is reporting record income and profits. According to one analyst, the net income of the top oil companies will total $230 billion in 2005. If Congress has an extra $1.5 billion to give away, the money should be used to help families struggling to pay for soaring gasoline prices--not to further enrich oil and gas companies that are rolling in profits.

In recent years, Congress has been repeatedly embarrassed by the mysterious insertion of provisions in omnibus legislation. Last year, for example, we learned only after House action that the 3,000 page, $388 billion omnibus spending bill allowed members and staff of the Appropriations Committee to examine the tax returns of ordinary Americans. We should not allow this to happen again. The Energy Conference Report should not be brought to the House floor until this objectionable provision is deleted and there is ample opportunity for members to read the legislation and delete any other problematic provisions.

Thank you for your attention to this problem.

Sincerely,

Henry A. Waxman
Ranking Minority Member

cc: The Honorable Nancy Pelosi

worldbefree
07-29-2005, 01:28 PM
Stop posting duplicates LOL

To bad Lou Dobbs wussied out last night and didn't ask the 2 congressmen he was interviewing about this.

I will gladly hand over the title to my highly modified, 400+ HP 1987 Buick Grand National with 19,000 original miles, never spent a night outside, car to any Republican that can defend their parties actions in this matter, or numerous others I can site.



Fact: I am writing to draw to your attention to a provision in the Energy Conference Report that raises serious procedural and substantive concerns. At its essence, this provision is a $1.5 billion giveaway to the oil industry, Halliburton, and Sugar Land, Texas. The provision was inserted into the energy legislation after the conference was closed, so members of the conference committee had no opportunity to consider or reject this measure. Before the final energy legislation is brought to the House floor, this provision should be deleted.

The provision was inserted by Tom Delay.

Fact: Republicans as well as Democrats are paying record prices at the pump for a gallon of gas. The national average is $228.9/gallon.

Fact: The net income of the top oil companies will total $230 billion in 2005

Fact: Republicans schmucks support this congressman. Which means they work over 100+ days a year just to pay federal and local taxes so that oil companies can recieve massive giveaways in tax payer dollars. They then pay record prices for gasoline to fill the coffers of large oil companies to the tune of $230 million dollars.

Explain to me how you can defend these leaders who screw you over at every turn. You work to subsidize large multi-national corporations, then you give them more of your money everytime you pull up to the pump and put $50 dollars of fuel into your gas guzzling SVU.

Go on and support these characters, It only proves how clueless you really are.

Hardrock69
07-29-2005, 02:28 PM
Duplicate? I did a search before posting....oh..I see...

At least when I post, I try to include the subject matter of my post as the title. Unlike posts about "Slimy Republicans..."

:cool:

And yes, I did do a search of the titles before posting, but saw nothing about this.

Nickdfresh
07-29-2005, 04:00 PM
Originally posted by Hardrock69
Duplicate? I did a search before posting....oh..I see...

At least when I post, I try to include the subject matter of my post as the title. Unlike posts about "Slimy Republicans..."

:cool:

And yes, I did do a search of the titles before posting, but saw nothing about this.

Yup! I prefer "corporate welfare," in addition to slimy Republicans (and let's face it, a few Democrats are guilty as well...)

http://www.rotharmy.com/forums/showthread.php?s=&threadid=24859

worldbefree
07-29-2005, 04:48 PM
Originally posted by Hardrock69
Duplicate? I did a search before posting....oh..I see...

At least when I post, I try to include the subject matter of my post as the title. Unlike posts about "Slimy Republicans..."

:cool:

And yes, I did do a search of the titles before posting, but saw nothing about this.


Well what do you call a politician who back-doors in 1.5 billion of your hard earned dollars?

Big Train
07-30-2005, 12:38 AM
Originally posted by worldbefree
Stop posting duplicates LOL

To bad Lou Dobbs wussied out last night and didn't ask the 2 congressmen he was interviewing about this.

I will gladly hand over the title to my highly modified, 400+ HP 1987 Buick Grand National with 19,000 original miles, never spent a night outside, car to any Republican that can defend their parties actions in this matter, or numerous others I can site.



Fact: I am writing to draw to your attention to a provision in the Energy Conference Report that raises serious procedural and substantive concerns. At its essence, this provision is a $1.5 billion giveaway to the oil industry, Halliburton, and Sugar Land, Texas. The provision was inserted into the energy legislation after the conference was closed, so members of the conference committee had no opportunity to consider or reject this measure. Before the final energy legislation is brought to the House floor, this provision should be deleted.

The provision was inserted by Tom Delay.

Fact: Republicans as well as Democrats are paying record prices at the pump for a gallon of gas. The national average is $228.9/gallon.

Fact: The net income of the top oil companies will total $230 billion in 2005

Fact: Republicans schmucks support this congressman. Which means they work over 100+ days a year just to pay federal and local taxes so that oil companies can recieve massive giveaways in tax payer dollars. They then pay record prices for gasoline to fill the coffers of large oil companies to the tune of $230 million dollars.

Explain to me how you can defend these leaders who screw you over at every turn. You work to subsidize large multi-national corporations, then you give them more of your money everytime you pull up to the pump and put $50 dollars of fuel into your gas guzzling SVU.

Go on and support these characters, It only proves how clueless you really are.

Fact: You know nothing of the global economy.

Fact: You neglect to mention instability in the energy markets, increased demand in the US (CA for example had RECORD demand last week) and abroad (China is consuming more and more oil every year and that pace will not decline in the coming years).

you want to narrow down the debate to those factors, fine we can. But your price concerns for example ignore all readily available facts and figures. Do better homework.

worldbefree
07-30-2005, 01:16 AM
Originally posted by Big Train
Fact: You know nothing of the global economy.

Fact: You neglect to mention instability in the energy markets, increased demand in the US (CA for example had RECORD demand last week) and abroad (China is consuming more and more oil every year and that pace will not decline in the coming years).

you want to narrow down the debate to those factors, fine we can. But your price concerns for example ignore all readily available facts and figures. Do better homework.

Yes I understand all of the above I work in the financial industry. The numbers quoted are accurate and current.

If what you say is correct, and it is, then the oil companies will use that to their advantage to gouge the consumer even more. I don't think I'm going out on a limb by saying that.

What does that have to do with a 1.5 billion dollar giveway to people in his district?

And yes the Democrats are to blame in many cases as well. The article is about the person who inserted this in energy legislation and the manner in which is was inserted.

Well technically the Democrats are not to blame for anything since they are powerless these days :=)

I don't drive an SUV, I drive a hybrid, but I can glance over at their pump and see how much it costs to fill a tank in the NY area.

If you're ok with the way politicans are screwing the average American over every chance they get in the favor of big business, do me a favor and pay my share.

Big Train
07-30-2005, 11:12 AM
I mention it because you brought in these things into your debate, while failing to mention what I included in my response.

How can I defend it what they are doing? Honestly, I can't. I don't know their reasons, and really neither do you. I wouldn't mind having them explain to me why they did. It could be procedural, just as the upcoming recess appointment will be. Dems are doing quite the bit of tantrum throwing and sitting on hands lately. Trying to create a "Lame duck presidency". It seems they have adopted the "Haq-A-Shaq" method from the NBA.

Nickdfresh
07-30-2005, 11:29 AM
Fact: The Bush Administration knows nothing of energy policy but pay outs for their oil cronies.

Fact: US cars and light trucks are less efficient today than they were in 1987.

Fact: The chances of oil companies pulling a substantial amount of oil out of North American profitably, that even comes close to meeting demand is highly unlikely.

The US Gov't is still seeking 1950's vintage solutions to the coming energy crisis because they fail to address demand in any way, shape, or form, other than a few tax breaks for buying a Toyota Prius, a car that's very hard to get anyway.

Here's an idea....How about giving American consumers $1.5 billion in tax breaks to drive cars that only get above 30mpg on the highway? Oh, wait, they don't have lobbyists like the oil companies do. So much for consideration of global markets...

ODShowtime
07-30-2005, 11:30 AM
Why doesn't anyone ever do anything when legislation like this gets tacked on at the end of bills?

I don't have all the facts on this, but it sounds appalling!

Big Train
07-30-2005, 11:33 AM
Nick,

You KNOW they do, but you also know they SUCK at what they do.

OD,

I have been all for that idea for eons. The one piece of legislation EVERY politician fears would be having to vote on what is on your plate, period. Cuz then the gridlock tactics would not work, as NOTHING would ever get passed. But I agree on principle alone.

ODShowtime
07-30-2005, 12:07 PM
To me, if I'm understanding this right, is the same thing as autocracy. They're just taking over. Just bending the rules and cheating to steal money. I think it really is that simple.

Where will it lead? I don't like cliches, but it really looks like they're selling out our future.

I was driving home from work across the bay the other day and getting blazed and I came up with the unified theory of destroying America. It's been coming to me slowly over the years but it finally clicked. I'll share it sometime when I have some time.

Big Train
07-30-2005, 12:36 PM
He is into Anarchy now...fantastic...blazin and driving don't mix bro. Although I know not much driving goes on waiting to cross that bridge.

Your understanding of it is skewed. Why weren't you saying this when Dems were in control? Why aren't you saying this when Dems get what they want in the middle of the night, which is quite often? It seems like everyone wants to put all the blame on the evils of the world into one nice neat little box labeled republican.

That is scared thinking at it's best. "Just get rid of them and we will be allright" thinking has caused more war and death than anything in the history of the world. Whether you call it racism, nationalism or any other ism you can come up with, it is incorrect and destructive thinking.

But you are already half way there, with a theory even...

ODShowtime
08-01-2005, 08:57 PM
Originally posted by Big Train
He is into Anarchy now...fantastic...blazin and driving don't mix bro. Although I know not much driving goes on waiting to cross that bridge.

It's fun.

Your understanding of it is skewed. Why weren't you saying this when Dems were in control? Why aren't you saying this when Dems get what they want in the middle of the night, which is quite often? It seems like everyone wants to put all the blame on the evils of the world into one nice neat little box labeled republican.


woah... way off. My unified theory of destroying America isn't my plan to destroy anything. I'm conservative! I figured out how America is being destroyed by her enemies. Whoever they really are.

And one of the things that scares me the most about the future is that gw or anyone else... it's the &friends part. It doesn't matter who we vote for anymore.

That is scared thinking at it's best. "Just get rid of them and we will be allright" thinking has caused more war and death than anything in the history of the world. Whether you call it racism, nationalism or any other ism you can come up with, it is incorrect and destructive thinking.

The new boss same as the old boss

It's just easy to vent about gw because he's so graceless and obvious about his subserviance.


But you are already half way there, with a theory even...

Hey man, I'm not talking about gettin crazy or anything. I want to make sure you don't think I'm going guerilla or anything!