What about the Google windfall profits tax? Analysts with energy consultants Wood Mackenzie agree with Halff's take, and introduced a more ideological reason for holding off on a windfall profits tax.
"Do they want to take some from Microsoft too? How about hedge fund managers," asked Wood Mackenzie oil analyst Ann-Louise Hittle, somewhat rhetorically.
It's true that while the oil industry rakes in huge sums of cash in raw numbers, the profit margin for the S&P energy sector, at about 10%, is only slightly higher that the average for the S&P 500.
Google, by contrast, has a profit margin of 25%, yet no one is calling for a special tax on search engines.
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