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To: moose-matson
"Tax the hell out of the drillers"...

You mean the drillers that were camping on their leases and not actually producing anything? The same drillers who used cronyism to artificially restrict the markets? Those drillers?

Drill here. Drill now. Drill every where... Free markets work.

31 posted on 03/09/2011 5:54:25 AM PST by Dead Corpse (III%. The last line in the sand)
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To: Dead Corpse

Nope....I mean the excessive windfall profit tax that she imposed on top of all the existing taxes...it drove a few companies to look in friendlier places...


37 posted on 03/09/2011 8:49:55 AM PST by moose-matson (I keep it in my head)
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To: Dead Corpse

How would an additional tax on production and an increased tax on profits make any difference on the Point Thompson field? If anything, it gave more reason not to produce the condensate and more reason to invest the capital in places like Canada.

This was/is a separate issue from non-producing leases as it would have no effect on them.


40 posted on 03/09/2011 9:24:53 AM PST by thackney (life is fragile, handle with prayer (biblein90days.org))
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