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...That is too greedy. It reduces the incentive to invest in existing fields, which is where most easily recoverable oil lies. The old Chilkoot Charlie's joke is just that, a joke. It is not wise tax policy.In order to address this issue successfully...
...environmental blackmail: Pay us or the forest gets it." - Bryan Walsh, TimeOne-fifth of the world's proven reserves of oil lie in South America, much of it underneath or near the vast Amazon basin. At the rim of that basin, in remotest eastern...
...This is still a magnificent area and it can still be damaged by oil drilling." Geologists believe 11 billion barrels of oil lie beneath the refuge's tundra and ice, and drilling supporters contend they can be tapped without damage to the environment...
...responsible oil development in the refuge. The U.S. Energy Department estimates that 10 billion barrels of recoverable oil lie beneath the refuge¹s coastal plain. If developed, that oil could bring thousands of jobs and billions of dollars in...
...responsible oil development in the refuge. The U.S. Energy Department estimates that 10 billion barrels of recoverable oil lie beneath the refuge¹s coastal plain. If developed, that oil could bring thousands of jobs and billions of dollars...
...critical state services. The U.S. Mineral Management Service calculates that up to 115-billion barrels of recoverable oil lie beneath our outer continental shelf - enough to replace almost 53 years of current imports from unstable and often unfriendly...
...development on the North Slope. A 1998 report by the U.S. Geological Survey said up to 11.8 billion barrels of recoverable oil lie under the area. But critics contend the area is ecologically sensitive, and that development would spoil prime habitat...
...four-day conference on the lingering effects of the spill. The survey of beaches in the spill area found much of the oil lies beneath sediments in areas that are home to mussels, clams and other creatures. "We did indeed find quite a lot more...
...soar as the federal Bureau of Land Management opens up new areas for exploration. An estimated 10 billion barrels of oil lies under NPR-A, worth some hundreds of millions of dollars.
...development on the North Slope. A 1998 report by the U.S. Geological Survey said up to 11.8 billion barrels of recoverable oil lie under the area. But critics contend the area is ecologically sensitive, and that development would spoil prime habitat...