Quote:
Originally Posted by tkflames
Oil hit $90 dollars today. Pardon my ignorance, but I understand that there will be some backlash from this new royalty tax. However, even with the new tax wont feasibility studies soon turn positive again as the price per barrel goes up? I realize that from an efficient market standpoint taxation is never all that efficient, but any insight on this would be greatly appreciated.
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See the other thread about royalties, channel 52 is in the title