cnbc.com - 12/3/2008
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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 ...
reuters.com - 12/3/2008
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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
patriotledger.com - 12/4/2008
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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
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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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International Implications of the Drop in Oil Prices
outsidethebeltway.com 12/8/2008 — The price of a barrel of oil is almost a third of what it was earlier in the year and expected to go lower:
OIL PRICES could drop below $40 per barrel this month and even further next year due to the global economic downturn, visiting officials of ...
Paulson said weighing bailout's next $350 billion —
Reuters: Politics 12/3/2008
CHICAGO/WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack Obama's transition team ...