We subsidized oil companies for a century. That's long enough. It's time to end the giveaways -- to an industry that rarely has been more profitable and double down on a clean industry that has never been more promising.
Barack Obama: “We subsidized oil companies for a century. That's long enough. It's time to end the giveaways -- to an industry that…”
Editor's note · Context
Obama discusses the need to end subsidies for oil companies and promote clean energy.
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I think when we act on that basis, it doesn't always work out, but over time things do get better.
When we choose, when we make that decision, I do believe – and there is evidence for this – that the world gets incrementally better, and that is a worthy goal and it’s worth fighting for.
The fact that any president, or any administration, is willing to engage in such transparent efforts to intimidate someone should outrage all Americans, regardless of how they feel about Congresswoman Omar’s political views.
Because if this becomes the new normal, there’s no reason to believe it will stop with her — or that future presidents, in either party, won’t do the same.





