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Archive for the 'oil royalties' Category

Interior Dept. Cover-Up of lease scandal

0 Comments Published by Steve Kretzmann January 15th, 2007 in Gulf of Mexico, oil and gas production, oil royalties, oil subsidies

Apparently there are no lengths to which Bush Administration officials will not go in defense of Big Oil. According to Congressional Quarterly, the Interior Department’s Inspector General will shortly issue a report revealing that Department officials, after learning in 2000 of mistakes in leases that could cost the American people $10 billion, proceeded to cover […]

NYT: Incentives on Oil Barely Help U.S., Study Suggests

1 Comment Published by Steve Kretzmann December 28th, 2006 in Big Oil Profits, Politics, Separate Oil and State, oil royalties

Great article from the New York Times last week, fyi.
Original here. Or read on for pasted text.

Blowing the Whistle on Big Oil

0 Comments Published by Andy Rowell December 5th, 2006 in Politics, oil royalties, oil subsidies

Great article in the New York Times about the malaise of Washington’s over sight of the oil industry and how it has taken a retired federal auditor to expose the comfy collusion between the industry and its regulators.
For years Bobby Maxwell scrutinized the books of major oil producers that pumped billions of dollars worth of […]