I've been in the Oil & Gas business for over 30 years and take huge issue with the above statement. Do you not know of the Obama Administration's plans to strip normal manufacturing tax deductions and depletion allownces specifically from Oil & Gas Companies? ? ? The ONLY industry targeted with this punitive elimination of NORMAL tax deductions is the Oil & Gas 'bidness'.
Get your facts straight.
This article describes how the energy companies gamed the system in California using NGO’s and environmentalists:
The Natural Resources Defense Council & Energy Market Manipulation in California