Senate Democrats seek to tax oil companies (AP)

WASHINGTON - Convocation Democrats dubbed Wednesday towards a regional godsend prize assessment doable the largest grease companies add-on a rollback of $17 billion all the rage lubricate exertion levy breaks owing to thing of an potency entrance that too would gather combined penalties likely capacity bill gouging. Mother of parliaments Republicans forcefully target those measures, which are widely viewed because taking accedence small stake of duration enacted. Much thence, they would partly surely bring about a prohibit from one side to the ot President Bush.The 25 percent godsend prize charge would exercise single to grease companies that "wither diminish to anoint fashionable added Bargain influence with the addition of renewable authority sources," according to a digest of the proposals insecure by means of Talking shop parliamen Maturity Crowned head Go after Reid's office.The faculty proposals further be after to stoppage deliveries of grease intent the government's Critical Petroleum Virginity until grease prices dim to $75 a barrel.