The American Petroleum Institute is taking issue with the president’s State of the Union demand to end subsidies and tax breaks for oil producers. While Obama didn’t say just which subsidies he’d cut, the industry isn’t waiting for specifics to defend itself.
Continue reading Big Oil Reacts to Obama’s ‘Discriminatory’ Proposals
Big Oil Reacts to Obama’s ‘Discriminatory’ Proposals originally appeared on DailyFinance on Fri, 28 Jan 2011 06:30:00.
Filed Under: Energy, Columns, Economy, Investing, Exxon Mobil
