Industrialized Cyclist Notepad

Big Oil vs. Big Gas

Kochs don’t like govt. picking winners and losers — especially if the losers are them.

The idea of using the tax code to spur conversion of trucking fleets has support from many Democrats and Republicans, and enjoys some powerful backers.

They include billionaire energy magnate T. Boone Pickens, Reid and President Obama, who touted his own natural-gas vehicles plan in a Wednesday speech. (A White House spokesman couldn’t be reached for comment on the Senate proposal specifically.)

But groups influential in GOP circles including Heritage Action (an arm of the Heritage Foundation), the Club for Growth, Americans for Tax Reform and Americans for Prosperity have long been battling the natural-gas plan.

via Natural-gas tax fight between Koch, Pickens reaches Senate floor – The Hill's E2-Wire.


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