TITLE

WILL THE GOVERNMENT STEP IN?

PUB. DATE
February 2006
SOURCE
Convenience Store News;2/13/2006, Vol. 42 Issue 2, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on a bill proposed by two U.S. senators that would levy a 50-percent windfall profits tax on the petroleum companies. Byron Dorgan and Chris Dodd, with support of other Democratic senators, called for the excise tax on major integrated oil companies' sales of oil at prices above $40 a barrel on profits not invested in expanding refinery capacity, renewable fuels or efforts to increase domestic oil and gas supplies.
ACCESSION #
19819922

 

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