The very definition of "irony"

[lapfog_1]

WASHINGTON (CNN) -- Oil drilling companies are upset that the Bush administration has proposed killing funding for oil and natural gas exploration research and development programs at the Department of Energy, an industry lobbyist said Monday.

The proposed cuts were included in the $2.77 trillion budget for the 2007 fiscal year that President Bush presented to Congress on Monday.

The proposed 2007 budget would cut about $61 million from the Energy Department's budget. It proposes eliminating a $50 million-per-year research-and-development program that was authorized in the sweeping Energy Policy Act of 2005, which Bush signed in August.

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Last week, Exxon Mobil Corp., the nation's largest oil company, reported U.S.-record profits for the quarter of $10.7 billion, as well as for the year ($36.1 billion).

[EFerrari]

1. There is no limit to their greed.

:kick:

[laheina]

2. That's like me being upset because I lost a chunk off of a penny.nt

[Deja Q]

3. Peak oil aside, the oil drilling cos are rich enough to do it on their own

Expect consumer prices to go up to (more than) compensate

[Earth_First]

4. Certainly they could use their record profits...

for research and development.

Oh, how ruthlessly absurd! sorry. I'm known to have extreme dellusional common sense, I appologize.