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According to oil ministry calculations, the letter said, the new levy in the case of PSC and RSC results in a situation where the operator ends up paying much more than the windfall gain itself. ....
This is really a climate bill. democrats know climate is not a high priority. so they changed the name and make it the inflation reduction act of 2022 it s actually, i think it s a case of financial fraud. because it does nothing of the sort. the bill biden signs today hurts middle america. there is a corporate tax. there is a coal tax. there is an oil tax, a natural gas tax. there is a stock buy back tax. all of that gets passed along to consumers in the form of higher prices. that s inflation. that does exactly the opposite of what this thing is supposed to do. steve: i was listening on the radio. my wife and i were driving up a couple days ago and they were talking about how with this new bill you are going to wind up getting a subsidy if you buy an electric car. but the electric car you buy has got to have been made in the united states. right. steve: the battery has to be made from the united states with stuff from the united states, which disqualifies almost 90% of ....
It won t go into effect and have any effect for months. steve: if any. will: if any. any effect it does have of course you know will not live up to its name the inflation reduction act. steve spoke to stuart varney of fox business about that moments ago. does go after the middle class whoever invented the name, the inflation reduction act of 2022 has a rather sick sense of humor. does it does nothing of the sort. and the democrat know it this is really a climate bill but the democrats know that climate is not a high priority. so they change the name and make it the inflation reduction act of 2022. it s actually, i think it s a case of financial fraud. because it does nothing of the sort. the bill that biden signs today hurts middle america. there is a corporate tax. there is a coal tax there ask a oil tax, a natural gas tax there is a stock buy back tax. all of that gets passed along to consumers in the form of higher prices. that s inflation. ....