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Think about raising taxes on oil companies

...tax law could have effects on domestic oil supply, changes that increase the taxation on income from marginal oil and gas investments will discourage domestic oil and gas production. To the extent that domestic oil production would be reduced...

http://www.peninsulaclarion.com/stories/091307/letters_3784.shtml
Tax tweaks worth $550 million to industry

...credits should be tweaked to boost investment. Alaska now has a 20 percent tax credit for all qualified upstream oil and gas investments and a separate 30 percent credit for exploration wells outside existing fields, as well as a 40 percent exploration...

http://www.peninsulaclarion.com/stories/012410/new_502069538.shtml
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