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Oil hits $103 a barrel, yet Porter and Heller vote this week to protect Big Oil PDF Print E-mail
rising_oil_prices_resize.jpgOil hits $103 a barrel, yet Porter and Heller vote this week to protect Big Oil



Today, as the price of oil hit $103 a barrel and Nevadans continue to face the nation’s worst foreclosure rate and economic uncertainty, Jon Porter and Dean Heller continue to put their friends in Big Oil ahead of their constituents.

Porter and Heller had the opportunity to end the excessive tax breaks given to Big Oil companies this week by voting for the Renewable Energy and Energy Conservation Tax Act (H.R. 5351).  But Porter, who has received nearly $210,000 in donations from oil and gas companies, and Heller, who has received $24,000 from oil and gas companies, voted against the bill http://clerk.house.gov/evs/2008/roll084.xml.

“Nevadans are facing the possibility of record gas prices and an unsure economy, yet Jon Porter and Dean Heller still side with Big Oil over the families in their districts,” said Kirsten Searer, deputy executive director of the Nevada Democratic Party.

“ExxonMobil reported earning $40.6 billion in 2007 — the most profit ever reported in American history — and gas in Nevada is topping $3 a gallon at the pump.  Porter and Heller support Big Oil, and in turn the industry continues to pump money into their campaign coffers. Porter and Heller should get their priorities straight and put constituents before donors.”

The Renewable Energy and Energy Conservation Tax Act will extend and expand tax credits to promote renewable energy production from wind, solar, geothermal and other resources as well as for plug-in hybrid cars, and energy efficient homes, buildings, and appliances. The bill would create and protect hundreds of thousands of jobs and provide clean energy that will decrease our dependence on foreign oil.
 

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