"The US oil industry charged the government with behaving like a third world despot after the House of Representatives voted to punish companies if they refused to change contracts to give the government a bigger share of rising oil profits."
http://news.ft.com/cms/s/8751137c-e779-11da-9046-0000779e2340.html
By vladimiro on May 20, 2006, 10:02 in Friendly Talkzone.
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Miguel_Clavo says on May 20, 2006, 11:25: Comparing Apples to Oranges...... "In contentious debate, supporters of the amendment argued that with oil industry profits at record highs and the government facing huge budget deficits, giveaways worth billions to oil and gas producers were unacceptable. Opponents of the measure, chiefly among House Republicans, contended that forcing companies to renegotiate their deals constituted a breach of contract that would harm the government’s credibility and lead to costly litigation." quoted from the same article.... "I would rather die living life, than to live a dying life."........ Oh, and my PM is always ON. Great Bumper Sticker: "Home of the Free, Because of the Brave" 0 funny, 0 helpful. |
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