We have a big choice here. We can reclaim $53 billion from the oil and gas industry that they owe to the American taxpayer and put it into wind and solar and all-electric vehicles and the revolution that we need to transform our country's relationship with OPEC. We should be able to tell OPEC, We don't need your oil any more than we need your sand. This is a chance here to reclaim the $53 billion in windfall profits by escaping royalties that the oil industry owes, and put it into a new technology innovation agenda that talks about the future of wind and solar and electric vehicles that will transform our relationship with the rest of the planet.
Ed Markey: “We have a big choice here. We can reclaim $53 billion from the oil and gas industry that they owe to the American…”
On the recordMay 11, 2011
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