Linn Energy, LLC (LINE) Message Board
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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.-
If that's the case why aren't all MLPs down?
Try again.- 1 Reply to rlp2451
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He is a person with NO reasoning. NTI APC WNR CVRR CLR What do they do. Just a few????????? What a complete fool norris is and still won't admitt to being wrong in over 2 years.
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That has nothing to do with LINE and you know it. Anothet misrepresentation on your part. Did you not and i repeat hear what Ob's said, that we need NEW PIPELINES and WE need to SPEED up the permitts for NG and Oil drilling. Or did you ignore this fact on purpose. Again you accuse us of untruths as always so you can be the bigger person.
- 1 Reply to opinionsarelike33
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Obama want more pipe line but will not approve XL? ;-)
Gee cheap natural gas below the cost of production is driving American manufacturing so Obama's response is to put new taxes on natural gas, to partially fund 'investment' in economically nonviable sky high cost *alternative energy* electricity.
How simple minded to allow Obama to take credit for economic activity his stated policy agenda will destroy. But that is the natural of the Progressive. Now critical thinking just following the chant.
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