House passes energy tax bill, White House threatens veto

The House of Representatives passed the energy tax bill yesterday. The White House has threatened to veto the bill, but this one probably won't make it as far as the president's desk. Other bills similar to this energy tax bill died in the Senate but with $102 barrels of oil and $4 gallon of gas not out of the question, some extra political support might be behind the bill this time. Stay tuned.
[Source: Bloomberg]