Energy Industry

i think its a good idea to raise taxes on the energy industry will you call your congressman?
and tell them to support raising taxes on the energy industry 202-224-3121

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Is this administration waging war on America's energy industry, or is it just kinetic military action?
"ExxonMobil, and its Norwegian partner Statoil made the biggest discovery of all ? a field worth a billion barrels of oil ? 7,000 feet below sea level in its "Julia" field in 2007. Exxon tried to keep its discovery secret to keep marauders away. Sadly, the pirates in this instance are U.S. regulators ? and their aim is to stop them. That's right: Instead of marvel at the continuing treasures of the New World, or hail the human ingenuity that made retrieval of so much oil possible, or simply quantify how this discovery will boost U.S. energy security, Interior Department bureaucrats moved instead to snatch Exxon's permits and shut the whole thing down. Employing an extreme technicality, these regulators claimed that Exxon's request in 2008 for a short suspension of activity to upgrade and make safer its drilling operation amounted to an abandonment of three of its five permits, simply because Exxon hadn't signed a contract with another partner, Chevron, by the time the suspension was completed." http://www.nationalreview.com/articles/275101/imperial-presidency-mark-steyn?page=2 Wrong link! http://www.investors.com/NewsAndAnalysis/Article.aspx?id=582160&p=1

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What if there was a huge tax on all fossil fuels?
I'm talking really outrageous, like $100.00 per gallon of gasoline, and a similar tax for electricity. The tax would be on the user, not the electric company (because it's the user who would end up paying anyway) but force the electric company to offer electricity from carbon neutral sources, and set a max profit margin on electric sales to control the price. We wouldn't regress back to pre industrial life styles, we would find other ways to accommodate our modern ones. How quickly would people turn away from fossil fuels, and how quickly would the auto and energy industries shift to meet demand? And how soon would the initial shock of saying goodbye to fossil fuel, wear off and be forgotten? You all are acting like there is no other way. Like fossil fuel is the only way besides a horse. As the consumer I'm talking about a simple choice. It would be "sign me up for the carbon neutral plan" you know, like cell phone plans. It's either pay reasonable prices for the carbon neutral plan, or huge prices for the coal plan. An set a limit on profit margin so the power company can't play stupid games with the prices. Then if gasoline was $100 per gallon, maybe that electric conversion wouldn't be such a burdensome idea after all. You might actually find it rather appealing to pay 4 cents per mile of travel (on the carbon neutral electric plan), rather than 4 dollars, even if it did cost 15 thousand dollars to convert your car. Some type of loan program for conversions, similar to the student loan program could help people with their conversions. You know...there ARE other ways of powering society.

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