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Linn Energy, LLC (LINE) Message Board

  • norrishappy norrishappy Feb 13, 2013 11:37 AM Flag

    What is the most likely cause of LINE being down today? Obama

    Obama wants a new tax on our viable domestic energy. The margin on natural gas for the industry is already negative.

    Obama said nothing about the new fracturing technology or the XL pipe line. Rather he would tax viable domestic energy to fund more * alternative energy* Progressive corruption.

    As natural gas is the economically cyclical fuel higher taxes, higher energy cost along with higher taxes and regulation is not positive.

    LINE is a low cost producer with locked in margins. But those margins are not safe from willfully misleading tax policy.

    But of course RLP'D opinions likes it. Just as all OLB members are 24.7 hostile to LINE but remain here 24/7. Progressive Wrath.

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