© 2026 New England Public Media

FCC public inspection files:
WGBYWFCRWNNZWNNUWNNZ-FMWNNI

For assistance accessing our public files, please contact hello@nepm.org or call 413-781-2801.
PBS, NPR and local perspective for western Mass.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Taxing Gas Profits Would Stress Industry Cycles

The idea of a special tax for the oil industry's windfall profits has gained more support recently. Commentator Benjamin Zycher says that the oil companies should not be penalized because oil profits are up.

From 1986 to 1999, when market conditions were weak and oil prices were low, no one advocated a windfall loss subsidy. In fact, economists say, businesses survive because they weather the ups and downs of a market.

Copyright 2022 NPR. To see more, visit https://www.npr.org.