I could stand corrected, but I believe the "oil depletion allowance" went the way of the Dodo bird as part of Carter's assault on "excess profits" in the '70s. Since the demise of the allowance, there hasn't been any "depletion" of oil reserves at all! Oil reserves have increased annually ever since, as the Oil companies were forced to earn money through the production of oil, rather than through a tax gimmick.
| White House Secretly Planned Utah 'land grab | |
| Topic: White Water White House Secretly Planned Utah 'land grab The Washington Times 24 July 97 Paul Bedard Administration environmentalists, egged on by allies such as actor Robert Redford, operated |
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| UTAH LAND GRAB STILL A MYSTERY [Free Republic] | |
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