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 Stories About: Big Oil AND energy AND legislation AND news AND oil AND oil and gas drilling AND politics AND US Senate
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Do as the Bill Says, Not as It Does
Senators both GOP and Dem introduce destined-to-fail legislation |
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07 May 2008 |
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| Posted at 2:54 PM on 07 May 2008 Senate Democrats are trying once again to yank $17 billion in tax breaks away from oil companies that are enjoying booming profits. The Consumer-First Energy Act, introduced in the Senate on Wednesday, would also put a 25 percent tax on oil companies that don't invest in renewable energy. Bill cosponsor Harry Reid (D-Nev.) sums up, "Big Oil is making money h ... |
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| Topics: Big Oil, energy, legislation, news, oil, oil and gas drilling, politics, US Senate (all these topics) |
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