View Single Post
Old 08-06-2007, 07:43 AM   #1
sbl_admin
Administrator
 
sbl_admin's Avatar
 
Join Date: Apr 2006
Location: Shreveport, LA
Posts: 1,965
Rep Power: 259 sbl_admin has disabled reputation
Send a message via AIM to sbl_admin
Post Taxes on Oil Companies - A New Direction!

Declaring a new direction in energy policy, the House on Saturday approved $16 billion in taxes on oil companies, while providing billions of dollars in tax breaks and incentives for renewable energy and conservation efforts.

Republican opponents said the legislation ignored the need to produce more domestic oil, natural gas and coal. One GOP lawmaker bemoaned "the pure venom ... against the oil and gas industry."

sbl_admin is offline   Reply With Quote