Big Oil’s Valentine from US Congress

February 14, 2006By Steve KretzmannBlog Post

Whats the US Congress’ response to record profits and high gas prices? Why its royalty relief for the oil & gas industry, of course! According to this morning’s New York Times, “the government will give up more than $7 billion in payments between now and 2011. The companies are expected to get the largess, known … Read More