The new Democrat controlled House of Representatives has rolled back tax breaks to big oil and boosted boosted royalties to the tune of $14 billion dollars in their first 100 hours in office. The bill was passed 264-163, including 62 yes votes from Republicans, and applies over the next 10 years.
Speaker of the House, Nancy Pelosi, has also created a new Committee on Energy Independence and Global Warming, much to the chagrin of some Republican legislators.
Pelosi said the committee would be designed to "raise the visibility" of energy and climate change issues, and that it would not have legislative jurisdiction. Many lawmakers saw it as a way to diminish the influence of veteran lawmakers, such as Energy and Commerce Committee Chairman John D. Dingell (D-Mich.), who in the past has guarded the interests of the big U.S. automakers from his state by opposing higher fuel efficiency standards.
You go girl! Bring on the next 100 hours!