There is going to be an International Oil Spill Conference here next week sponsored by the oil lobby group API. Cant find much about it online. Any action on this?
API is right now trying to bribe Congress not to cut its tax subsidies.
"At a briefing Monday, a senior tax adviser for the American Petroleum Institute (API), the industry's main lobbying arm, said efforts to repeal the oil and gas tax breaks were a "vindictive use of the tax code."
"What you want to do is look at all of these expenditures (across all sectors) in the context of broad corporate tax reform," said API's Brian Johnson. "As a whole, it's about equitable treatment under the tax code."
Johnson said oil and gas companies were being singled out by lawmakers because gasoline prices were high. He noted the industry would be willing to support changes to the tax code, as long as the changes were done in the context of comprehensive reform and applied to all industry sectors."
link to www.myfoxphoenix.com