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Bushco Continues To Rape American Coffers For Oil Companies

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-22-06 10:09 AM
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Bushco Continues To Rape American Coffers For Oil Companies
Incentives on Oil Barely Help U.S., Study Suggests

WASHINGTON, Dec. 21 — The United States offers some of the most lucrative incentives in the world to companies that drill for oil in publicly owned coastal waters, but a newly released study suggests that the government is getting very little for its money.

The study, which the Interior Department refused to release for more than a year, estimates that current inducements could allow drilling companies in the Gulf of Mexico to escape tens of billions of dollars in royalties that they would otherwise pay the government for oil and gas produced in areas that belong to American taxpayers.

http://www.nytimes.com/2006/12/22/washington/22royalty.html?hp&ex=1166850000&en=b0ad88f24963aea2&ei=5059&partner=AOL



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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-22-06 10:21 AM
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1. not much of a 'rape' since our coffers are dry
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-22-06 11:08 AM
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4. There's still a-plenty for these robber barons to take.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-22-06 10:58 AM
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2. Gas prices are escalating as oil companies rape our wallets.........
thanks to cheney, bush and their energy policy cartel.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-22-06 11:07 AM
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3. Prices up 15 cents since the election...duh.
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