Thursday, October 06, 2005

Oil Producers Exporting Heating Oil

Santa Monica, CA -- With the U.S. House of Representatives poised to grant new tax breaks to oil refiners tomorrow, the Foundation for Taxpayer and Consumer Rights (FTCR) warned in a letter to President Bush that oil producers' exporting of heating oil will cause unprecedented price spikes this winter if the Administration does not halt the exports. 1.5 billion more gallons of liquid heating products were exported in the first seven months of 2005 than during the same period in 2004.


http://www.consumerwatchdog.org/energy/pr/?postId=5249

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