The current energy bill which would remove subsidies from oil companies (you know the ones making record profits) and giving them to renewable energy (you know the stuff that is clean and doesn’t cause global war’s or global warming).

The U.S. House for the third time in more than a year approved new taxes on the oil industry to pay for incentives for renewable energy and efficiency.

The $18.1 billion measure, versions of which have been rejected twice by the Senate, would remove a $13.6 billion tax credit from the world’s five biggest public oil companies, and impose a $4.5 billion tax on oil and gas companies operating abroad. Money from the policy changes would promote wind and solar power and offer incentives for energy savings technology.

The 236-182 vote comes a day after the price of oil closed at a record $100.88 and during a week when the Energy Department reported that the price of average retail regular unleaded gasoline climbed almost 9 cents to $3.13 a gallon. The White House again threatened to veto the measure yesterday. (via)

Bush mentioned that in essence he thought the bill was “unfair” to oil companies?! What? Any company making like 45 billion in PROFITS in a quarter doesn’t need tax subsides. I am sorry, but the only thing causing Bush to threaten a veto is because the oil and gas companies own Dick, Condi, and Bush himself.

So last time this bill failed to get the number of votes needed to override a veto in the senate by just one vote. I suggest you call up your senator and give them a nice long detailed piece of your mind. I would mention that cheap gas is not as important as our global environment, and that you are sick of having wars over oil, and that clean renewable energy will make more jobs in the US that we are sick of paying all of our money to something that is bad for us, bad for the world, and bad for American security.