Gas Investing News » New offshore energy to increase US govt revenue

New offshore energy to increase US govt revenue

February 22, 2009 @ 10:29 pm In Gas Market News

As per a new study, Oil and natural gas development in newly opened offshore areas will result in $1.7 trillion in federal tax revenue and around $600 million in state and local taxes throughout the life span of the new fields.

For full story, click here ^[1]

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[1] here: http://uk.reuters.com/article/marketsNewsUS/idUKN2027942920090223