This just into the news room....
The Journal of Accountancy says that the President has two budget proposals (among a host of others) concerning the oil, gas and fossil fuel industries.
The first proposal is to eliminate $4,000,000,000 annually in subsidies to producers of oil and gas and other fossil fuels.
The second is to assess a $10.25/bbl "oil tax." The estimate on this one is that it will raise $319,000,000,000 over ten years.
You think that any form of these proposals have a snowball's chance in H-E-double hockey sticks of making it through Congress?
The Journal of Accountancy says that the President has two budget proposals (among a host of others) concerning the oil, gas and fossil fuel industries.
The first proposal is to eliminate $4,000,000,000 annually in subsidies to producers of oil and gas and other fossil fuels.
The second is to assess a $10.25/bbl "oil tax." The estimate on this one is that it will raise $319,000,000,000 over ten years.
You think that any form of these proposals have a snowball's chance in H-E-double hockey sticks of making it through Congress?