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Obama Shelves Oil Company Tax after Price Fall: Aide - Oil and Gas * Energy * News * Story
U.S. President-elect Barack Obama is not planning to implement a windfall profit tax on oil companies because prices have dropped below $80 a barrel, an aide said on Tuesday. "President-elect Obama announced the policy during the campaign because oil prices were above $80 per barrel," an aide on ...
Obama shelves oil company tax after price fall: aide
reuters.com — CHICAGO/WASHINGTON (Reuters) - President-elect Barack Obama is not planning to implement a windfall profit tax on oil... companies because prices have dropped below $80 a barrel, an aide said on Tuesday. "President-elect Obama announced the policy during ... (more) Obama shelves oil company tax after price fall: aide
Gulf Oil CEO says gas could hit $1 next year
Gulf Oil CEO says gas could hit $1 next year
patriotledger.com — Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20... per barrel, and there is a chance gas prices could drop as low as $1 per gallon by early next year. (Check out the latest prices locally in our ... (more) Gulf Oil CEO says gas could hit $1 next year
No windfall-profits oil tax
No windfall-profits oil tax
hotair.com — Read this post » (more) No windfall-profits oil tax
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No windfall-profits oil tax
Hot Air » Top Picks — ... This shouldn’t shock anyone who pays attention to the price of gasoline, but it raises plenty of questions about the next administration’s ambitious agenda.  Barack Obama won’t impose a windfall-profits tax on oil companies, breaking an oft-repeated campaign pledge.  He had originally planned to use the revenues he expected to fund his spending plans: U.S. President-elect Barack Obama is not planning to implement a windfall profit tax on oil companies because prices have dropped below $80 a barrel, an aide said on Tuesday.“President-elect Obama announced the policy during the ...

Yet Another Obama Broken Promise: Now on Windfall-profits Oil Tax
Stop The ACLU — Yet another broken promise to add to the ever-growing list , and yet another broken promise we can certainly live with. U.S. President-elect Barack Obama is not planning to implement a windfall profit tax on oil companies because prices have dropped below $80 a barrel, an aide said on Tuesday. “President-elect Obama announced the policy during the campaign because oil prices were above $80 per barrel,” an aide on Obama’s transition team said. “They are currently below that now and expected to stay below that.” Oil prices have fallen from a record $147 a barrel in ...

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