Conservatives Subsidized The Disease, Starved The Cure

Conservatives have subsidized the disease and starved the cure.

Despite enjoying record profits from sky-high gas prices -- ExxonMobil posted the highest annual profit ever for a U.S. company, $40.61 billion, in 2007 -- oil companies get billions in tax breaks and government subsidies.

Yet in 2007, Senate conservatives used a filibuster to block a clean energy bill that would have stripped subsidies from Big Oil and invested in renewable energy.