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The oil and gas industry is looking to the future with caution, and plans for expanding production of ...

Too many government programs waste taxpayers money by duplicating efforts. that is the basically finding of the government accountability office in a 280 page report to congress. renewable energy comes in for much of the criticism this year. efforts to support wind, solar and biofuels are fragmented among 23 different government agencies and a total of 679 different programs. critics say all this government waste and duplication is robbing future generations by driving up the deficit. this morning senator tom coburn of oklahoma targeted that confusing tangle of renewable energy programs as one...

Going to control this industry and that is okay? >>guest: china has been using cash loans to state owned oil companies to guarantee oil delivery so they are subsidizing the production of oil in state-owned oil companies to make sure necessity get what they need. the u.s. oil companies get the limited tax breaks but keep in mind u.s. oil companies pay somewhere between 35 percent and 38 percent of their net income in taxes each year and you did not see that in petrochina but china is making sure their economy will grow regardless of what it takes while we have a president and an administration ...