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Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Apr 9, 2013 8:18 PM Flag

    President Obama shows his cards

    President Obama shows his cards

    By Ben Geman and Zack Colman - 04/09/13 07:14 PM ET

    COMING WEDNESDAY: The delayed White House fiscal 2014 budget plan.

    The budget will likely revive President Obama's fight with Republicans and oil-patch Democrats over petroleum industry tax breaks.

    Past budget plans have consistently called for stripping billions of dollars in tax incentives from oil and gas, but Congress hasn’t gone along.

    The budget could also put meat on the bones of other White House energy-related plans that Obama has touted in recent months, including his call to steer $2 billion over a decade from offshore oil-and-gas royalties into the development of technologies that wean the transportation sector off oil.

    In the afternoon, top officials with the Energy Department, Environmental Protection Agency and the Interior Department will brief reporters.

    Watch E2-Wire tomorrow for coverage of the plan's energy and climate change provisions.


    Big companies to press Obama on climate

    More than 30 companies, including


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