9 to 10 cents for gas. and, of course, solar and wind have $24 a kilowatt hour in subsidiaries from you, sir. the taxpayer. that is what he has done is he has exported that low-cost coal. they have the low-cost generation. the jobs have been export to the foreign countries. our people are unemployed. it is insanity. is there anybody here, is there anybody here that can explain it and give somebody the benefit of the doubt? i see this quite honestly, america, i apologize but i see this only as one i mean you are trying to cripple business and the country and you re trying to fundamentally transform. when we come back, jack, you say you can give him the benefit of the doubt and show another path to this. we ll go there next. ú[z-úwúw@t
national center for public policy research. jack injure regard is the president of the american petroleum institute. we have cooperative electric utility. let me go back to jack. you raised your hand and you said, yeah, i come up with a different reason other than intentionally trying to destroy the country. what i was going to say, glenn, add to what bob was saying. two ospeaks of the jobs issue. 9% unemployment in the country we need to stay focus on. the current jobs as bob talked about. the threat to his industry. oil and gas industry in the united states we employ 9.2 million americans. that is the first component. the second is we have the ability if turned loose with permit and access to american resources, produced by americans for americans, to
how many, seriously, jack, how many subsidiaries do the oil companies get? zero. glenn: say it again. oil and natural gas industry gets zero subsidiaries. glenn: that s not true. absolutely true. glenn: i have cartoons here up on the wall that shows the fat cat getting subsidiaries. the oil companys. the oil and gas industry gets zero subsidiaries. while some would like to convince you and make you believe we get subsidiaries, the tax provisions they re talking about they proposed raising our cost $80 billion over the next ten years are provisions that apply to all industry. to the general electrics that you mentioned earlier. they have identified five companies they want to deny the ability to recover our cost to produce energy. it s punitive. it s vindictive. it doesn t help us produce energy we need for the country. glenn: so tom, tell me about general electric. you have to understand, president obama if he is not anything else, he is a community activist. we would
policy research. jack injure regard is the president of the american petroleum institute. we have cooperative electric utility. let me go back to jack. you raised your hand and you said, yeah, i come up with a different reason other than intentionally trying to destroy the country. what i was going to say, glenn, add to what bob was saying. two ospeaks of the jobs issue. 9% unemployment in the country we need to stay focus on. the current jobs as bob talked about. the threat to his industry. oil and gas industry in the united states we employ 9.2 million americans. that is the first component. the second is we have the ability if turned loose with permit and access to american resources, produced by americans for americans, to
how many, seriously, jack, how many subsidiaries do the oil companies get? zero. glenn: say it again. oil and natural gas industry gets zero subsidiaries. glenn: that s not true. absolutely true. glenn: i have cartoons here up on the wall that shows the fat cat getting subsidiaries. the oil companys. the oil and gas industry gets zero subsidiaries. while some would like to convince you and make you believe we get subsidiaries, the tax provisions they re talking about they proposed raising our cost $80 billion over the next ten years are provisions that apply to all industry. to the general electrics that you mentioned earlier. they have identified five companies they want to deny the ability to recover our cost to produce energy. it s punitive. it s vindictive. it doesn t help us produce energy we need for the country. glenn: so tom, tell me about general electric. you have to understand, president obama if he is not anything else, he is a community activist. we would