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Page added on March 8, 2009

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Louisiana energy industry is fighting back against new taxes

The state’s oil and gas industry has launched a crusade against President Barack Obama’s proposed 2010 budget, which critics say will increase the tax burden on fossil-fuel producers to the tune of $30 billion.

The Louisiana Oil and Gas Association is urging members to “take action” against the budget by signing a petition on its Web site. By Friday afternoon, the solicitation had drawn more than 18,000 signatures from states as far away as North Dakota.
NOLA.com



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