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To: .cnI redruM; cb
Since you folk seem to be into the economics of oil, I've got a question. I read somewhere back during the crises of the 70's that the royalties that oil producing nations charge per bbl. are deducted, dollar for dollar from the tax bills of US oil companies. Is this true?
12 posted on 04/19/2006 6:41:26 AM PDT by Roccus
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To: Roccus

No.


15 posted on 04/19/2006 6:57:43 AM PDT by thackney (life is fragile, handle with prayer)
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To: Roccus

I have no viable info on that.


48 posted on 04/19/2006 9:41:54 AM PDT by .cnI redruM (Watching the Left turn on Senator McCain amuses me somehow....)
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