Lower Gasoline Prices?

Oh yes, this is going to lower gasoline prices and make the American people happy........right.  First, what subsidies?  Doesn't the industry already pay Billions in taxes and royalties?  This is just pure election year selling promises for votes and it is rather despicable.
Peter

Obama Seeks to End Subsidies for Oil and Gas Companies

By HELENE COOPER and JONATHAN WEISMAN

In New Hampshire, President Obama called on Americans to contact their representatives in Congress and demand a vote to end $4 billion in subsidies.