Oil companies say Obama tax plans will cost Texas $2 bln

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drop 2.1 billion dollars over the next three years if U.S. Congress adopts the Obama administrations proposed oil and gas tax changes, according to a study released on Monday. The study, conducted by the Texas Alliance ...

oil and gas production from federal waters in the Gulf of Mexico. It is the most serious threat to the industry since the price controls and windfall profits tax in the 1970s and 1980s, according to ...

same time, the study estimates U.S. crude oil imports would increase and an additional 551 billion dollars would be spent on imported oil. The Senate subcommittee is discussing the proposed oil and gas tax provisions in ...

  Oct 04 2009