Thursday, February 28, 2013

Repealing oil co subsidies that don't exist

Special subsidies for oil and gas companies? Where?

Democrats in Congress drafted a bill to end the special subsidies. But... The bill - title below - only removes oil and gas companies from tax treatment that every company gets. They could not find any loop holes limited to oil and gas companies.
See the actual wording at Energy Tomorrow

Bill title is "BUDGET PROCESS AMENDMENTS TO REPLACE FISCAL YEAR 2013 SEQUESTRATION."

1 comment:

bradleyharrison777 said...

Since when did Big Oil Companies not have 2 billion dollars to spend? THEY ARE STUPID WEALTHY!!! Should have made them put their money in the north slope before the tax breaks. Show a sign like you're trying to step up production. B.O.C are just strong arming the state. Its really just stealing in legal terms. To get more info please visit Essien.