To Avoid Losing Tax Breaks Oil Industry Revives Campaign

- November 13th, 2012

U.S. oil and gas producers started a public-relations campaign to protect industry tax breaks as Obama administration and congressional negotiators explore revenue to offset spending cuts that will take effect next month.

U.S. oil and gas producers started a public-relations campaign to protect industry tax breaks as Obama administration and congressional negotiators explore revenue to offset spending cuts that will  take effect next month.

As quoted in market news:

Discriminatory tax treatment of the oil and gas industry is a bad idea. They can keep us from doing what we do to help the economy; jobs, energy production and over the long term, even the revenues our industry provides to the government.

Click here to read full Bloomberg article.

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