CNN CNN Newsroom March 29, 2012
recorded. president barack obama tries to tap into the anger over rising gas prices. in a speech just a short time ago, the president called on congress to end tax breaks for the oil industry. the senate republicans have just blocked a vote on legislation to repeal the tax breaks. republicans argue that would lead to even higher gas prices, but the president says big oil doesn't need subsidies. >> it's not as if these companies can't stand on their own. last year the three biggest u.s. oil companies took home more than $80 billion in profits. exxon pocketed nearly $4.7 million ever...