Wednesday, March 14, 2012

Unsatisfied By Record Profits, Oil Giants Demand $2 Billion Tax Cut To Drill In Alaska

Unsatisfied By Record Profits, Oil Giants Demand $2 Billion Tax Cut To Drill In Alaska: pAs Alaska’s North Slope oil fields get tapped out, oil companies are demanding a tax cut of more than $2 billion a year. Last week, executives from BP and Conoco Phillips told the state senate that their companies would only increase investment in drilling if state taxes on their companies are gutted. They supported the [...]/p

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