Reid, Dorgan Introduce Oil Speculation Bill
Laura Mandaro SAN FRANCISCO -- A group of Democratic senators said Wednesday they had introduced a bill targeting speculation in oil markets.
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#1 Jul 25, 2008
I fully support Oil Speculation Bill introduced by the Democrats.
Fort Huachuca, AZ
#2 May 18, 2011
Hypocrite much Mr. Reid?
Minerals Mined on Federal Land Spared Taxes, Aided by Senator Reid
By William Lajeunesse
Published May 18, 2011
"Since taking office, Reid has received $750,000 in campaign contributions from the mining industry, according to the Center for Responsive Politics. That number includes $127,000 from Nevada's two largest gold producers in the 2010 election. Together, those two companies had profits of $5 billion last year yet they paid taxpayers nothing for minerals taken off public lands.
"Senator Reid through the years has aligned himself with those interests to thwart mining law reforms time and time again," Ellis said.
"While Ellis and others blame Reid, the mining association is happy to have him in their corner.
"Senator Reid is one among many who don't want to see domestic mining killed off in this country," Raulston said.
"According to Yahoo Finance, three of the 10 most profitable industries in the U.S. right now are in mining, including copper, gold and silver, which enjoy a 47 percent net-profit margin. Oil and gas exploration, by contrast, ranks 50th with a net margin of 11 percent.
"Yet oil and gas are singled out, particularly by Reid."
#3 May 18, 2011
What is the saying "figures don't lie but liers figure"
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