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Rahm to oil industry: The honeymoon is over

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This is what you get when no-more-nonsense, tough-as-nails Democrats take over the congress: real accountability (and hopefully lower gas prices). From the NYT:

House Democratic leaders vowed Friday to pursue a broad overhaul of tax breaks and other subsidies to oil companies in January, saying that their first target would be an investigation of how the government collects billions of dollars in royalties on oil and gas produced on federal property....

“This is a warning to oil and gas companies,” said Representative Rahm Emanuel, Democrat of Illinois and chairman of the House Democratic Caucus. “When you get a Democratic Congress, you are going to get a cop on the beat.”

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