No. of Recommendations: 0
Don't know how, but my guess is that this proposal screws their competitors so that the oil & power companies win

As long as all fossil fuel companies are paying the same tax, they do not lose.... Most oil and gas in this country is consumed here.

I expect they see a path to mix in bio-fuels with no tax.
They profit more from a federal standard that state by state regulations and taxes.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.