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Oil Industry: Obama’s Energy Tax ‘Would Thwart the Very Goals Expressed in His SOTU’
MRC TV ^ | February 2, 2015 5:35pm ET | Craig Bannister

Posted on 02/04/2015 9:02:40 AM PST by Olog-hai

“President Obama’s call for a $95 billion energy tax hike would thwart the very goals expressed in his State of the Union address,” American Petroleum Institute (API) Pres. Jack Gerard said today.

“America’s oil and natural gas renaïssance has done everything on the president’s State of the Union wish list for the middle class,” Gerard said, responding to Obama’s proposed budget.

“Opposition to President Obama’s proposals is strong and bipartisan. The president’s annual call to raise taxes on U.S. oil and natural gas development would hurt job creation, infrastructure investment, the federal deficit, seniors on fixed incomes and domestic manufacturing.”

“Tax increases would jeopardize America’s competitiveness as it would discourage future investment” and lead to higher prices at the pump, he warns. …

(Excerpt) Read more at mrctv.org ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: api; energytax; fracking; necessarilyskyrocket; obama; sotu

1 posted on 02/04/2015 9:02:40 AM PST by Olog-hai
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To: Olog-hai

95..Billion...with a B...Dollars?

I scarcely know from which angle to begin discussing this vile tyrants “plan”.


2 posted on 02/04/2015 9:05:05 AM PST by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: Olog-hai

Obama’s goals are the downfall of America as we know it. As he has said, he wants to fundamentally change America. He doesn’t like America. We have an enemy in the WH. Forget about the SOTU rhetoric. That is a means to an end. Lies and deceit are useful tools to achieving that end.


3 posted on 02/04/2015 9:11:50 AM PST by PapaNew (The grace of God & freedom always win the debate in the forum of ideas over unjust law & government)
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To: Olog-hai

How dare you point out his Marxist, Muslim, Petulant, Man Child, Duplicitous ways to the American People, Don’t you know Oprah and Ellen are on TV right now?


4 posted on 02/04/2015 9:15:37 AM PST by eyeamok
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To: Olog-hai

Liar, liar, pants on fire!!! In other news, the sun came up this morning.....


5 posted on 02/04/2015 9:16:12 AM PST by EagleUSA (Liberalism removes the significance of everything.)
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To: Olog-hai
Obama's words don't necessarily have a direct connection to his purpose for uttering them.

If you always expect an ulterior motive he will never let you down.

6 posted on 02/04/2015 9:28:47 AM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not A Matter of Opinion)
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To: Olog-hai

One must never focus on what the fool says but what he does.


7 posted on 02/04/2015 9:29:40 AM PST by TexasCajun
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To: Olog-hai

8 posted on 02/04/2015 9:30:56 AM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not A Matter of Opinion)
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To: Olog-hai

“Oil Industry: Obama’s Energy Tax ‘Would Thwart the Very Goals Expressed in His SOTU’”

Yes, that’s the idea.


9 posted on 02/04/2015 9:49:10 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: Olog-hai

Actually, the first mistake that this person made was listening to the speech.


10 posted on 02/04/2015 9:50:16 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: The Antiyuppie

Geez, enough already, just come out and say you want all of everyone’s money already.

The waiting is the hardest part.


11 posted on 02/04/2015 10:33:51 AM PST by bicyclerepair (Ft. Lauderdale FL (zombie land). TERM LIMITS ... TERM LIMITS)
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To: Olog-hai

Which is what he wants.


12 posted on 02/04/2015 10:37:35 AM PST by TBP (Obama lies, Granny dies.)
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To: Olog-hai

No corporation pays taxes. The taxes are part of the cost of goods and the consumer pays for this. A tax on a corporation is a tax on the tax payers.


13 posted on 02/04/2015 12:36:06 PM PST by cpdiii (DECKHAND, ROUGHNECK, GEOLOGIST, PILOT, PHARMACIST, LIBERTARIAN The Constitution is worth dying for.)
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