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Tax Policy

We announced our second quarter earnings yesterday, and afterward I talked with some reporters not only about our financial performance, but also about some of the key policy issues affecting our industry. The main item of discussion concerned current tax proposals that could be seriously damaging both to the U.S. oil and gas industry and the economy in general.

The real deal on taxes

Posted: July 13, 2010 by Ken Cohen

Yesterday’s New York Times editorial “Big Oil’s Good Deal” should not go unanswered. It falls far short of giving readers the real deal, providing an inaccurate and incomplete accounting of the oil and gas industry’s true tax burden. And if its proposals for punitive and discriminatory changes in tax policy were followed, it would mean a raw deal for America, jeopardizing job-creating investments and undermining U.S. competitiveness.



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