Editorial: Renew the Production Tax Credit PDF Print E-mail

Chants of "drill, baby, drill" aside, the true path to energy independence, as we've argued before, is in making sure that the price of oil stays high, and predictably so. That is what motivates people to change their behavior and investors to develop alternative energy sources. These goals could be achieved without socking it to ordinary Americans by taxing oil and gas and returning the revenue to taxpayers.

Source: Washington Post

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