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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (609192)4/27/2011 7:28:29 PM
From: rich evans  Read Replies (2) of 1577224
 
He is talking about percentage depletion allowance(22%) and expensing intangible drilling expenses. Most depletion/depreciation ends when basis is recovered. Not in the oil /gas accounting. You get your 22% forever.

Rich
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