Windfall Taxes Will Raise Price of Crude, Analyst Sen Says

Windfall Taxes Will Raise Price of Crude, Analyst Sen Says

The Croblanc team proposes you today, the May 26, 2022 to discover the very last video of Bloomberg Markets and Finance released on the net. Considering the first returns of the Net surfers, we thought useful to share it to you on our site.

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For your information, you can find below the description of the video Windfall Taxes Will Raise Price of Crude, Analyst Sen Says published by the Youtube channel Bloomberg Markets and Finance:

Energy Aspects founder and Director of Research Amrita Sen says so-called windfall taxes on the profits of oil and gas companies are a production disincentive that will lead to higher oil prices. "What's the incentive in the US to continue producing if you're just going to be taxed?" Sen says on Bloomberg Television. "If that happens then crude prices go up even further."