![]() Image from a quicklink (Image by Unknown Owner) Details DMCA | Led by Republicans, the US Senate decided to continue over $20 billion in taxpayer subsidies to major oil companies Thursday. Democrats had suggested moving the money allotted to oil subsidies toward additional tax credits for environmentally friendly actions like electric cars and solar energy, as well as paying off part of the national deficit. On the other hand, Republicans expressed a reluctance to burden oil companies financially at a time when gas prices are on the rise. |