Bill Delahunt: “I guess the question is to the majority in this House and to this administration, where have you been? What have you…”

“I guess the question is to the majority in this House and to this administration, where have you been? What have you done? Well, you passed last year the so-called Energy Policy Act. And that basically provided welfare to Big Oil. It produced in excess of $14 billion of tax incentives and subsidies to Big Oil. All the while their industry, Big Oil, is experiencing record, record profits. In 2001, the five major oil companies in the aggregate had $34 billion of profit. In 2005, as a result of the Republican energy policy, the oil companies recorded historic profits in the amount of, can you help me, Mr. Meek, read that? Does that say $113 billion?”