Apr
7
While it may be a popular PR move, adding $80+ billion in taxes to the oil industry’s plate is bad for consumers. This doesn’t seem to be a problem for many politicians, though. When higher taxes result in higher fuel costs they simply hold a congressional hearing to “look into” the matter, then propose some new taxes and the cycle continues. Can the U.S. oil industry survive? Check out my online casinoblog at Investor’s Insight.
