Perplexed by how their oil got under someone else’s property, Big Oil finds ways to cheat landowners.
Editors write, despite sky-high prices, oil companies are evading royalty payments based upon a bureaucratic mistake in a 1995 federal law that does not offer specific wording on when royalties from leases must be paid. In the battle between taxpayers and major oil companies, taxpayers keep losing. "Energy corporations now reaping record profits should comply with the law rather than using their resources to fight against paying their royalties." Houma Courier, 04/04/2006
Editors write, despite sky-high prices, oil companies are evading royalty payments based upon a bureaucratic mistake in a 1995 federal law that does not offer specific wording on when royalties from leases must be paid. In the battle between taxpayers and major oil companies, taxpayers keep losing. "Energy corporations now reaping record profits should comply with the law rather than using their resources to fight against paying their royalties." Houma Courier, 04/04/2006
Big Oil can’t help it. It’s in their nature to cheat, steal and connive! Meanwhile working folks continue to do all the heavy lifting.
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