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Dems push plan to tax oil companies' profits, send checks to Americans during Russia-Ukraine price spike
Fox Business ^ | March 14, 2022 | Tyler Olson

Posted on 03/14/2022 5:10:13 PM PDT by Bogle

"Rep. Ro Khanna and Sen. Sheldon Whitehouse are pushing a bill they say will help bring relief from high gas prices to Americans – as energy industry critics argue it would do the exact opposite. The proposal, which comes as Russia's war on Ukraine delivers a shock to global energy prices, is called the 'Big Oil Windfall Profits Tax'."

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: 17thcdcalifornia; anwr; bidenflation; bidengascrisis; bidenpricehike; california17thcd; gasprices; keystonexl; opec; rhodeisland; rokhanna; sheldonwhitehouse; sheldonwhitesonly; tax
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Some things are so stupid they just leave you speechless. I'm speechless.
1 posted on 03/14/2022 5:10:13 PM PDT by Bogle
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To: Bogle

They want to end fossil fuel consumption.

Period.

And when millions of people starve because of it, so much the better.


2 posted on 03/14/2022 5:12:42 PM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong [FJB])
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To: Bogle

Well, there goes my chevron dividend. And I won’t a a thin dime from the government.


3 posted on 03/14/2022 5:12:54 PM PDT by MustKnowHistory
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To: Bogle

Are they nuts?


4 posted on 03/14/2022 5:13:10 PM PDT by McGavin999 (To shut down the border tell the administration the cartel is smuggling Ivermectin )
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To: Bogle

5 posted on 03/14/2022 5:13:52 PM PDT by Ciaphas Cain (#notmypedophile)
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To: Bogle

Return to Sender


6 posted on 03/14/2022 5:14:10 PM PDT by Rural_Michigan
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To: Bogle

Not the Bee....actually had to look.


7 posted on 03/14/2022 5:14:35 PM PDT by READINABLUESTATE ( ‘When tyranny becomes law, resistance becomes duty.’)
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To: Bogle

Not the Bee....actually had to look.


8 posted on 03/14/2022 5:14:36 PM PDT by READINABLUESTATE ( ‘When tyranny becomes law, resistance becomes duty.’)
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To: Bogle

Bread and circuses.


9 posted on 03/14/2022 5:17:14 PM PDT by PGR88
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To: Bogle

When in doubt, propose a new tax. That’s all the Democrats know how to do.


10 posted on 03/14/2022 5:17:57 PM PDT by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: Bogle

Senator Sheldon Whitesonly is On The Job!!!


11 posted on 03/14/2022 5:18:04 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: All

Putin is more than willing to sell oil to us. The war has nothing to do with price increase.


12 posted on 03/14/2022 5:18:29 PM PDT by escapefromboston (Free Chauvin)
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To: Bogle

Reducing production and raising demand never brings prices down. So that can’t be the Dems goal. Going green is their holy grail.


13 posted on 03/14/2022 5:18:40 PM PDT by dblshot
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To: Bogle

And the corporations will just pass the cost back to the consumer.

It’s robbing Peter to pay Paul.

What a bunch of idiots politicians are.

The best thing that could happen to this country is if the truckers left DC and someone nuked it.


14 posted on 03/14/2022 5:20:49 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: dblshot
Going green is their holy grail.

It's also Vladimir Putin's Holy Grail.

As in 200 bucks a barrel for Mother Russia, or gold coin.

15 posted on 03/14/2022 5:21:24 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Bogle

Same here.

The spike is about over.


16 posted on 03/14/2022 5:22:41 PM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: kiryandil

Strange bedfellows, the greenies and the reds.


17 posted on 03/14/2022 5:24:14 PM PDT by dblshot
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To: Bogle

Congress could impose a tax on oil companies profits, or they could simply repeal the gas taxes to give ‘us’ a break. One of these is easier to do than the other.


18 posted on 03/14/2022 5:24:19 PM PDT by muglywump (Seven days without laughter makes one weak.)
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To: metmom

Yep exactly. I work in gated communities along the south Atlantic coast. They charge contractors daily, or you can get an annual pass. The HOA or POA set these up. All the contractors pass the cost onto the homeowners. Same thing the gas companies will do. Democrats and rhinos are flipping idiots.


19 posted on 03/14/2022 5:27:51 PM PDT by TermLimits4All (We all know the solution to preserve freedom. Who though has the will to fight for it.)
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To: Bogle
These two clowns have a great idea: Let's punish the oil companies so they can't afford to produce more oil. At the same time, Biden will continue his stranglehold on productive oil leases, insist on the death of the XL pipeline, and plead with terrorist regimes in Venezuela and Iran to let us buy oil from them rather than let domestic producers create jobs here, and employment with tax-paying jobs. Brilliant...you twits!


20 posted on 03/14/2022 5:28:13 PM PDT by econjack (I'm not bossy. I just know what you should be doing.)
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