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Why The Windfall Oil Tax Will Backfire

Episode 85 Part 1

user profile picture Chris Martenson Nov 22, 2022
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Those greedy oil companies! Time to tax them good and hard! The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that […]

View part 2

Those greedy oil companies! Time to tax them good and hard!

The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that will land most on the poor.

In this video report, you’ll learn about what a windfall actually means, why the windfall tax will backfire, and why I consider people who sling about the term “conspiracy theorist” are themselves actually “non-persuasion capable.” In other words, they are NPCs.

If you want to see the “Members Only” continuation of this episode, but weren’t sure about the cost – good news! I’ve decided to grant an all-access pass for the lowest price ever – just $1 for the first month – so you can find out if the full richness of this site and its vibrant community is a good fit for you. This offer expires at midnight Monday (11/28/22 – Cyber Monday).

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Peak Insights Episode 85 Part 1

Looking for part 2?

Those greedy oil companies! Time to tax them good and hard! The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that […]

View part 2

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