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To: Crimson Ghost who wrote (48332)7/22/1999 8:55:00 AM
From: ChanceIs  Respond to of 95453
 
API Pushes for Domestic Oil Perks in Lieu of Tariffs

API president ''Red'' Cavaney said smaller producers with high-cost production should get more access to federal land, royalty relief during times of low oil prices, a more ''reasonable regulatory environment,'' and more encouragement for domestic oil and gas production by reforming the tax code.

The API said it sent a letter on Wednesday to the White House stating the API's opposition to the anti-dumping and countervailing duties petition brought forward by the Save Domestic Oil (SDO) coalition.

biz.yahoo.com