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To: dennisw

No!

No new taxes.

Don’t punish US Refineries and PetroChem industries. Do not make them less economic than the same business in other countries.

Do not request the government to select industry winners and losers.


3 posted on 12/24/2014 5:32:51 AM PST by thackney (life is fragile, handle with prayer.)
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To: thackney

Then prepare to see many frackers go bankrupt with the new Saudi oil pricing. You wipe out a generation of frackers and it will take time to gear back up when oil is back at $100.

BTW what percent of world oil trade is done via long term contract such as China likes to do? Thanks!


5 posted on 12/24/2014 5:45:23 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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