Posted January 13, 2015
Forbes (Mark P. Mills): It was predictable. Oil gets cheap and now there’s a contingent in Congress looking to slap a new tax onto gasoline. What’s surprising is that there are some conservatives in both Congress and the pundictocracy also receptive to the notion, including the estimable Charles Krauthammer.
It’s a terrible idea. Instead of raising taxes, the Congress should be focused on helping the industry that created the oil glut, and that nearly single-handedly sustained the U.S. economy through the recovery from the Great Recession: America’s shale producers who are now subject to nearly unprecedented foreign market manipulation.
Read more: http://onforb.es/1z7eEsY
More industry news:
Blog: Strong Manufacturing is Good for Everyone: http://bit.ly/1C3Cxz0
Cheap Gas Makes U.S. Only Place Where Export Makes Sense: http://bloom.bg/14XeiIm
Alaska LNG Export Project Advances Despite Oil Price Fall: http://buswk.co/1yguqyH
Poll: 53 Percent Oppose Keystone XL Veto: http://washex.am/1IHGz2o
Blog: This is How Opposing Keystone XL is Part of a Bigger Anti-Energy Effort: http://uscham.com/1IGZOt6
Editorial: Keystone Tests Obama’s Willingness to Cooperate: http://bit.ly/1IHGNXl
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.