Treasury about to release final Transition regulations, with exemption... to the oil industry

According to Law360 yesterday, the Treasury will release the final transition tax regulations any day. And despite Treasury telling me that they have no authority to create "carve outs" they did so for the oil industry. As they say - money talks and bullshit walks.

https://drive.google.com/file/d/1_zhQhl4_I6RSacgxdgIcWQbmd4NYhr5D/view?usp=sharing