Stories tagged with "oil and gas tax"
Proposed Tax Changes on US Oil and Gas Producers
Posted by Nate Hagens on May 21, 2009 - 9:35am
Topic: Policy/Politics
Tags: oil and gas tax [list all tags]
Last week, the government released a lengthy document, General Explanations of The Administrations 2010 Revenue Proposals, which includes a 12 page segment titled "Eliminate Oil and Gas Company Preferences". I've excerpted some of these below the fold. It strikes me that the authors of these rules do not grasp that oil has peaked, and we can't continue business as usual nor pay back our financial debts by importing 70%+ of our oil. My thoughts follow the excerpts.
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