Windfall Profits Tax Unceremoniously Dumped From Obama’s Energy Plan

By: Steve Maley (Diary) | December 5th at 04:05 PM |

Thanks to crude oil prices that have fallen over $100 per barrel since July’s historic highs, there are no more windfall profits to tax. From the Houston Chronicle: President-elect Barack Obama has shelved a proposal to slap the oil and gas companies with a new windfall profits tax because oil prices have dropped so much in recent months, the transition team confirmed today. “President-elect Obama | Read More »

Tags: Broken Promises, Energy, Obama, windfall profits tax

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moelane: #rsrh James Taranto wrote a far-too-good-to-excerpt piece...: http://t.co/PqisBvYWpt
moelane: #rsrh I should send Mike Bloomberg a gift basket. http://t.co/Vj461V69IF One entirely made out of cigarettes, salty pretzels, & 32 oz Cokes.
moelane: #rsrh QotD, Dr. Dre Has A Definite Point edition.: http://t.co/QIXirP34tw
moelane: #rsrh So, Eric Holder. It's Friday morning.: http://t.co/AFwcDwuiZT
moelane: #rsrh Jake Tapper: you need to worry about the administration's attacks on reporters.: http://t.co/AgBIoBj2Nn
moelane: #rsrh Tweet/Video of the Day, This Is Why We Got Ted Cruz Elected edition. [NSFW]: http://t.co/mf4jPIBSit
moelane: #rsrh QotD, ...*Damn*, @seantrende, That Was Cold edition.: http://t.co/Cls5vbPeh5
cayankee: New York Governor Andrew Cuomo: ‘Shame on us’ if we elect Anthony Weiner. http://t.co/RfV3VM8vA3 #NYCmayor #RSRH
moelane: #rsrh You know, I kind of get the feeling that Steve Lynch thinks that Ed Markey may well lose MA-SEN. http://t.co/TFLblarM51
VladimirRS: Lions and tigers and ... Formosan termites, oh my! #rsrh http://t.co/ifKpRsgHki
moelane: #rsrh QotD, Lamar! edition.: http://t.co/GppYfXeoMo
moelane: #rsrh Quick poll of the readership: should Scott Walker run in '16?: http://t.co/vCY3KEfZ9F
moelane: #rsrh At-risk Senate seats, 05/22/2013 assessment.: http://t.co/ofhRc29HvH
moelane: #rsrh FBI agent shoots, kills person 'of interest' wrt Boston Marathon bomber Tamerlan Tsarnaev.: http://t.co/oJTfsoQisj
RMConservative: Some say Schumer was upset when Reid won reelection. Nah..He got a better job. He's now GOP leader #rsrh
RMConservative: It is stupefying that Republicans would grant Obama the biggest victory of his presidency while he is embroiled in scandal #rsrh
moelane: #rsrh The Nation calls out the Center for American Progress for *selling* out to corporations.: http://t.co/NHa5LRMtDu
moelane: #rsrh For the record: I think the WH is telling the Journolisters that Eric Holder is resigning.: http://t.co/o7NyxRRJtA
moelane: #rsrh Lois Lerner to take the Fifth tomorrow on role in IRS attacks on Tea Party.: http://t.co/610sGda1XD
moelane: #rsrh The New York Times sub rosa declares for the Obama administration in DoJ/AP dispute.: http://t.co/CBkkG5VPVc
RMConservative: Dems just voted against an amdt to block the refundable portion of child tax credit for *future* illegals #rsrh
moelane: #rsrh Eugene Robinson... points out troublesome behavior from Obama towards the press.: http://t.co/5M215jxCPT
baseballcrank: IRS scandal should remind us why campaign finance 'reform' is so pernicious: it lets govt regulate politics. #rsrh
RMConservative: Democrats just rejected an amendment to ban gang members from receiving amnesty. You can't make this stuff up #rsrh
moelane: #rsrh Oh wow this is not good news for the Obama administration.: http://t.co/z1DFaFLMJt
RMConservative: Dems opposing amdt to block asylum status for those who return to their country just like the Boston bomber's parents #rsrh
cayankee: Obama met with IRS union cheif the day before they targeted the TEA Party http://t.co/wDfiFPf4PR http://t.co/4XcOEk7N4J #RSRH
cayankee: Former Georgia Secretary of State Karen Handel launches campaign for U.S. Senate. http://goo.glXlqik A fresh voice. #GAsen #RSRH
cayankee: Unions representing 20,000 federal immigration enforcement agents oppose Senate immigration bill. http://t.co/O772pQ4faJ #cir #RSRH
moelane: #rsrh QotD, The Thing About #Benghazi Is That It Was Sadly Predictable edition.: http://t.co/WYhI1KqYZb

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Windfall Profits Tax Unceremoniously Dumped From Obama’s Energy Plan

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