Soros, Douglas support Natural Gas Act proponents

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Human Events:

Soon after President Barack Obama touted Westport Innovation’s liquefied natural gas-powered engines April 1 at a Maryland UPS facility, the company’s top individual investor made large contributions to Democrats.

Kevin G. Douglas, Westport’s largest individual shareholder, April 8 gave more than $30,000 to Obama and the Democratic National Committee, according to federal campaign filings.

In a lucky confluence of events, a bill, supported by the president, New Alternative Transportation to Give Americans Solutions Act, designed to subsidize the migration of American vehicles from gasoline and diesel to LNG-powered engines was filed April 6 in the House of Representatives. The bill is also known by the shorthand: Natural Gas Act.

The Natural Gas Act will create federal tax credits for natural gas vehicles, storage facilities and fueling stations for a five-year period.

Speaking in front of UPS and other trucks equipped with Westport engines, the president told the large crowd of UPS employees and supporters that the Natural Gas Act was good for the economy and the environment.

“I just had a chance to see some of these fuel efficient cars and trucks that they’re adding to their fleets including hybrids and all electric vehicles manufactured right here in the U.S. by Ford and GM. Right here in the U.S. of A.,” Obama said.

“We’re actually here to announce an exciting new partnership between the federal government and some of America’s leading companies,” the president said.

“My hope is that members of both parties, Republicans and Democrats, will support these kinds of proposals. This shouldn’t be a partisan issue. This is an American issue,” he said.