Energy Report

Monday, January 08, 2007

U.S. Congress targets oil-drilling subsidy, cites bungled royalties

U.S. Congress targets oil-drilling subsidy, cites bungled royalties

By John J. Fialka

The Wall Street Journal Europe

08 Jan 2007



WASHINGTON—With Democrats controlling Congress, the oil industry is in for a rough ride. But so is the agency that collects royalties for oil and gas drilling on federal lands. Democrats and some Republicans have complained for months that the... read more...

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