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There were no real surprises in the reports of strong earnings by oil companies during the first half of 2011. According ConocoPhilips they were "driven by better commodity prices and refining margins." By better they mean higher prices to charge us. It's the capitalist way to make a lot of money. And according to the non partisan Government Accounting Office, they've also taken advantage of government ineptitude to increase their profits.
...line contract negotiated with the major North Slope oil and gas producers. He says the reaction at public hearings this month...to take some lessons in political reality for the oil and gas producers. What they see as a fair business deal may be contrary...
...on every 1,000 cubic feet of proven natural gas reserves under lease that the leaseholders - the North Slope oil and gas producers - don't extract and ship to market. Croft and co-sponsors, including the late former Gov. Jay Hammond...
...for a tax of 3 cents for every 1,000 cubic feet of proven natural gas reserves under lease that the North Slope oil and gas producers do not extract and ship to market. The tax would generate $1 billion a year, Croft has said. Leman approved...
JUNEAU - Oil and gas producers have been asked to testify next week on a proposal that would cut oil production taxes in Alaska. The proposal from Gov. Sean...
...Exxon's chief executive in a 2009 speech to a Washington audience. While these statements by Alaska's major oil and gas producers should not be viewed as unequivocal support for climate legislation, they do suggest the possibility that properly...
...executives and the board breached their fiduciary duties in running U.S. operations for the world's second largest oil and gas producer. Their conduct, the lawsuit says, damaged BP's reputation; hurt the environment; left BP open to costly lawsuits...
...substantial input and cooperative effort from the local communities. He said he would be meeting soon with independent oil and gas producers to talk about the potential for developing Bristol Bay reserves. "The prospects are very, very encouraging...
...of contracts around the world," he said. Irwin writes that the contract could conflict with the obligations oil and gas producers are have to develop the Point Thomson field. Recently, the Division of Oil and Gas rejected Exxon Mobil's development...
...oil and gas development to deal with coastal erosion. More than half of the money would go to Louisiana, a major oil and gas producer. Loan guarantees of up to $18 billion to carry natural gas from Alaska's North Slope to the Midwest. Tax credits...