Impeach George W. Bush Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Impeach George W. Bush

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Selectric II who wrote (11532)	3/12/2002 3:16:06 PM
From: MSI	Read Replies (2) of 93284

You failed to read: the purpose isn't to change royalties on the basis of oil type. It is "... to stop the Department of the Interior from collecting full royalties from big oil companies drilling on public land. Small companies pay royalties on the market price of crude. Big Oil "sells" crude to their own refineries $4 to $5 per barrel lower than market price. That lowers their royalty payment, saving them millions."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next