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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (185182)8/13/2014 4:58:23 PM
From: Dennis Roth1 Recommendation

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evestor

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Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax
By James Stafford | Thu, 07 August 2014 20:28 oilprice.com

Ukraine doesn’t need Russia to take it down—Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes for private gas producers and promises to irreparably cripple new investment in the energy sector at a time when reform and outside investment were the country’s only hope.

Ukrainian President Petro Poroshenko on August 1 signed off on a new tax code that effectively doubles the tax private gas producers in Ukraine will have to pay, calling into question any new investment, as well as commitment from key producers already operating in the country...
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