"President Obama delivered a devastating blow to the American oil and natural gas industry today by proposing an astonishing $30 billion tax increase (as part of his FY 2010 budget) on American energy producers, most of whom are small businesses.”
-Barry Russell, IPAA President and CEO
OK. The Wachovia folks are bad and evil bankers, so their statements carry no weight.
How about the Independent Petroleum Ass. of America? What's wrong with them? Are they Evil people too? Are they Nazis?
Wow, it sure is easy not to shoot down another's arguments if all you have to do is put a pejorative label on them..........
KB: IPAA represents the smallest oil and gas companies...the mom's and pop's of this industry. Are they self-interested? Since they are an association made up of individuals, I guess they would be. But aren't we all?
At the end of it all, isn't anyone who voices opposition actually "properly self-interested"?? Do you think that multi-billion train from LA to Las Vegas that was hidden in the Pork-u-lus bill wasn't driven out of self-interest from Low-Down Dirty Harry Reid and Tight Lipped/Tight Faced Nancy Pelosi?