All Commentary
Monday, February 14, 2011

Oil Industry Girds for Tax-Break Clash

“For the third year in a row, President Barack Obama on Monday will implore Congress to repeal an array of tax incentives the oil and gas industry has enjoyed for decades. . . .

Industry leaders say the tax incentives are essential to trim the cost of doing business and keep the U.S. competitive with other countries. . . .

Industry critics argue that the oil and gas tax provisions unfairly subsidize fossil fuels at the expense of cleaner alternatives.”  (Houston Chronicle)

When has government involvement in energy ever worked?

FEE Timely classics

Let’s Not Be Energy Independent” by David Henderson
The Green-Economy Mirage” by Andrew Morriss