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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (391262)6/15/2008 6:37:57 PM
From: steve harris  Read Replies (1) | Respond to of 1572987
 
Try google before posting CJ. You don't look too good when you can't back up your temper tantrums.



To: combjelly who wrote (391262)6/15/2008 6:40:22 PM
From: longnshort  Read Replies (2) | Respond to of 1572987
 
Democrats have consistently blocked all efforts to make it easier to expand petroleum refining. Instead, the Democrats have done all they can to restrain refining, and thus choke the supply (and increase the price) of fuels nationwide.



Ø On November 18, 2005, Rep. Bernard Sanders (I-VT, who caucused with the Democrats) introduced a bill (H.R. 4420) to repeal, among other things, the tax incentive from the Energy Policy Act of 2005 allowing a taxpayer to expense 50% of the cost of certain crude oil refinery property placed in service before January 1, 2008.



Ø On April 27, 2006, Rep. John Larson (D-CT) introduced a bill (H.R. 5234) to repeal tax incentives from the Energy Policy Act of 2005 relating to expensing of crude oil refinery property and exemptions from limitations on oil depletion deductions for certain small crude oil refiners.



To: combjelly who wrote (391262)6/15/2008 6:41:45 PM
From: longnshort  Read Replies (1) | Respond to of 1572987
 
Ø On October 7, 2005, the House passed a bill (H.R. 3893) by Rep. Joe Barton (R-TX) that included a variety of provisions aimed at facilitating the siting, construction, expansion, and operation of refineries. 94% of Republicans voted for the bill, while 100% of Democrats voted against the bill.



To: combjelly who wrote (391262)6/15/2008 6:43:07 PM
From: longnshort  Read Replies (1) | Respond to of 1572987
 
On April 21, 2005, the House passed a bill (H.R. 6) by Rep. Joe Barton (R-TX), which included, among other things, provisions to prescribe guidelines for the designation of refinery revitalization zones and the coordination and expeditious review of permitting process for such zones. 90% of Republicans voted for the bill, while 80% of the Democrats voted against it. Subsequent iterations of the legislation included tax incentives for refinery investment.