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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (471095)4/13/2009 7:53:08 AM
From: Brumar893 Recommendations  Read Replies (1) of 1575151
 
The major integrated oil companies lost percentage depletion in 1975. I think Obama is taking it away from the small companies now. Everything that comes out of the ground has such a deduction - sand, gravel, copper, coal, you name it.

cheap cheap drilling rights

They're bid at auction and aren't cheap.

and not paying the lease money

In your imagination. When leases aren't paid they're lost.
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