I'm not sure I buy that one. Oilcos will look to maximize total profit so the more that they can push on the market they will if the price is right. The tax credits are going to become more and more unpopular as time goes on. Now, one can say that tax increases get passed on to the consumer but only to a certain point as people will simply curtail their usage patterns.
I agree that profits will go down though.
I really am WAY over my head when talking about this...I just know that I do NOT trust the DEMS...so, there has to be a major catch somewhere....LOL