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Small Refiners Back Out of Cap and Trade

By on 9.24.09 @ 12:38PM

In the latest blow to the coalition behind cap and trade, small oil refiners who broke with the oil industry to support the Waxman-Markey energy bill -- after House Democrats added a provision favorable to them -- now oppose it advancing in the Senate. The Hill quotes one such company's CEO as saying, "We agreed only that the legislative process should move forward, with a view toward working subsequently with the Senate. We did not agree to support H.R. 2454."

About the Author

W. James Antle, III is associate editor of The American Spectator. You can follow him on Twitter at http://Twitter.com/Jimantle.

http://spectator.org/blog/2009/09/24/small-refiners-back-out-of-cap

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