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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (148350)1/20/2015 8:48:31 PM
From: Wharf Rat  Respond to of 149319
 
"One solution I proposed while oil and gas was at high prices was to put a tax on oil and gas,"

Our carbon cap and trade just went into effect for gas on 1/1. It was supposed to add 10-70 cents/ gal, depending on whether you were reading the paper or a RW blogger. Price maybe went up a few cents or not, and was $2.79 in town 1/4. Today it was $2.49.
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Baker Hughes just announced 7000 job losses:
businessinsider.com.au

”Oilfield services provider Baker Hughes Inc said it expects to lay off about 7,000 employees, days after industry leader Schlumberger Ltd said it would cut jobs as drilling activity slows due to a steep fall in oil prices.”

”Schlumberger warned on Friday that the oil price drop was likely to have a “significantly more dramatic” impact on North America than on the rest of the world.”