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Senators demand limits on oil speculation

Sen. Bernie Sanders, I-Vt. introduced legislation to require the CFTC to impose strict regulations on oil speculators, who some blame for rising gasoline prices.

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Senate plan takes aim at oil industry tax breaks

Senate Finance Committee Chairman Max Baucus on Thursday unveiled a proposal to spike a raft of oil industry tax breaks as part of a broader plan to lower the corporate tax rate.

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Senate tax plan spares big oil industry deduction

Although Sen. Max Baucus has taken aim at a host of tax deductions cherished by the oil and gas industry, one big deduction has stayed out of his crosshairs.

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Senators leave popular tax credit out of renewable fuel proposal

Top senators on Tuesday unveiled their plan for renewing a slew of tax credits that expired last year, including measures aimed at making biofuels. But one popular tax credit didn't make the cut.

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