Political Quotes

Barack Obama: We subsidized oil companies for a century. That's long enough. It's time to end the giveaways -- to an industry that…

On the recordJanuary 23, 2012
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.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Obama discusses the need to end subsidies for oil companies and promote clean energy.

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