Obama Seeks Tax Break for Natural-Gas Trucks, Oil Lease Sale - BusinessWeek

By
Viraj
on January 27, 2012 2:12 AM | | TrackBacks (0)
Jan. 26 (Bloomberg) -- President Barack Obama said tax breaks for natural-gas powered trucks will help the U.S. cut its dependence on imported oil.

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Obama, in his second day promoting policies laid out in his State of the Union address on Jan. 24, proposes a credit equivalent of 50 percent of the extra cost of purchasing a natural gas-powered truck compared with one that runs on diesel or gasoline. U.S. energy production, manufacturing and education are shaping up to be the main themes of Obama’s economic message in his re-election campaign. His trip this week runs through five electoral battleground states that the president’s political advisers have targeted for the November vote.

Obama Seeks Tax Break for Natural-Gas Trucks, Oil Lease Sale - BusinessWeek

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This page contains a single entry by Viraj published on January 27, 2012 2:12 AM.

Why Do Oil and Gas Producers Disapprove of Obama? - energybiz was the previous entry in this blog.

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