the big oil companies want to reinvest their profits in new wells, refineries and expanded services which would create thousands of new high-paying jobs....
But all the insane Congress can think of is higher taxes.
I remember when Bush 41 was duped to go along with higher luxury taxes in 1990....
They nearly destroyed the boat building business.....
If you want less of something...tax it!
If you want more of something....reduce the taxes on it.
Agreed.