It gets worse. To convince voters he is making the oil companies pay more by introducing the "windfall tax". Right now with oil prices climbing, the industry is in rapid decline. Exploration and drilling programs are shutting down. Offshore work is hard to get with many layoffs. People forget these multinational oil companies will just invest elsewhere. Labor, who look certain to win the next election say they will extend the tax. It is only happening in the British sector. Such a dumb move. Sorry for those who will lose their jobs.
