…but the number of cases has dropped significantly in recent years. In 2000, U.S. refiner Tosco Corp. sued Arcadia Petroleum, a London-based oil-trading firm, accusing it of manipulating oil prices….
…oil, have the lowest effective tax rate. The GAO estimate that the oil industries’ effective tax rate is about 11%, or about half the overall corporate tax rate. Apparently oil…
…unusual quarters. (I discount the Oil Drum, Matt Simon, et al.) With gas usage in the states at low levels and with oil prices continuing to rise….something is amiss and…
One Salient Oversight challenges T-Boone: Dear Mr. Pickens, Just recently you stated to the media that you expected oil prices to return to record levels by the end of 2008….
…crude oil output has fallen about 40%. If we are producing 40% less crude oil, why do we need new oil refineries? P.P.S. Ok here is an addition. The chart…
Title: Would Oil Suppliers keep a “gas tax holiday” as profit? Let’s look at some real numbers. The following table is excepted from Exxon-Mobil (as a proxy for Oil Supplier)…
…crude oil and oil products, the state-run Iran news network Saturday quoted the oil ministry as announcing.The 32-inch (81-centimetre) pipeline will bring crude from the southern Iraqi port of Basra…
…– such as health and retirement insurance. Later, we heard the following: Keeping America competitive requires affordable energy. Here we have a serious problem: America is addicted to oil, which…
…oil – another topic where he displays confusion: On the oil-price shock, I say at least two cheers for higher prices. Why? Because I believe in markets. When the price…
…correlation between growth and the rise in world oil prices … In 1998, when world oil prices dipped to around $10 a barrel, this drop coincided with the worst of…