Are they rolling back subsidies or raising taxes?
If it's the latter, this will hurt Big Labor, Dems.
"Federal 'Windfall Profits Tax' Legislation [on Oil Co's] Will Cost Pension Holders"
See
http://biz.yahoo.com/prnews/060313/clm527.html?.v=11
The document link had expired by the time I got to it, but you make a good point about pension funds possibly being affected.