January 19, 2007

House Votes to Rescind Oil Drillers’ Tax Breaks
WASHINGTON, Jan. 18 — House Democrats easily passed legislation on Thursday that would rescind $14 billion in tax breaks and subsidies for oil drillers and reserve the money to develop alternative energy projects and conservation technologies.
http://www.nytimes.com/2007/01/19/business/19royalty.html?ref=business