President Obama will travel to Pennsylvania today to push his energy plan--which will be a jobs killer. It includes new oil and natural gas taxes.The "permatorium" in the Gulf of Mexico--a big jobs inhibitor--continues, but there is some good news. Yesterday a federal judge found the Interior Department in contempt for continuing the drilling moratorium there.
Now some more bad news: Economist Joseph Mason says that higher taxes on oil and gas companies in the form of the repeal of Section 199 and dual capacity credits will kill 150,000 jobs--in this year alone.
Have you checked the price of gasoline lately?
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