Harry Reid's Oil Tax Hike Goes Down in Flames

Never had a chance:

The Senate handily rejected cloture Tuesday on S. 940, the Close Big Oil Tax Loopholes Act, which, shorn of political slogans, was the legislation to raise taxes on oil and gas development in the United States.

The vote was 52-48, with Democratic Sens. Mark Begich of Alaska, Mary Landrieu of Lousiana and Ben Nelson of Nebraska joining Republicans to block the bill that would do nothing to address gas prices, but would discourage U.S. energy security and global competitiveness. Sen. Susan Collins (R-ME) was the sole Republican to vote for cloture.

Even if this bill had passed it could never have become law because it was unconstitutional. Any bills that raise revenue must start in the House. This was simply a show trial put on by Harry Reid.