To: caveat emptor
The point is that ‘production tax credits’, beyond some sort of depletion allowance, are simply not necessary. Shell et al. will angle for tax credits of one or another kind, but that, of itself, is not any sort of reason to grant them.
21 posted on
05/05/2007 7:51:04 AM PDT by
SAJ
(debunking myths about markets and prices on FR since 2001)
To: SAJ
Shell et al. will angle for tax credits of one or another kind, but that, of itself, is not any sort of reason to grant them.
Well, let the negotiations begin.
The point is that production tax credits, beyond some sort of depletion allowance, are simply not necessary.
I'll see if I can dig up a map of Alberta and Saskatchewan showing oil and gas exploration and development, Alberta being conservative, more or less, and Sask being socialist.
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