Blog Flux Directory Subscribe in NewsGator Online Subscribe with Bloglines http://www.wikio.com Blog directory
And, yes, I DO take it personally: Giant giveaway to the major oil companies..."short of a crime, anything goes"
Mandy: Great blog!
Mark: Thanks to all the contributors on this blog. When I want to get information on the events that really matter, I come here.
Penny: I'm glad I found your blog (from a comment on Think Progress), it's comprehensive and very insightful.
Eric: Nice site....I enjoyed it and will be back.
nora kelly: I enjoy your site. Keep it up! I particularly like your insights on Latin America.
Alison: Loquacious as ever with a touch of elegance -- & right on target as usual!
"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it."
- Noam Chomsky
Send tips and other comments to: profmarcus2010@yahoo.com /* ---- overrides for post page ---- */ .post { padding: 0; border: none; }

Wednesday, September 13, 2006

Giant giveaway to the major oil companies..."short of a crime, anything goes"

hang on... stop the presses... an inspector general under the executive branch who isn't either a bush-appointed political hack crony or behaving like one...? they must have dropped the ball on this one...
Earl Devaney, the inspector general of the Department of the Interior, will give a blunt assessment of the level of ethics there in testimony to be presented to a congressional subcommittee Wednesday.

"Simply stated, short of a crime, anything goes at the highest levels of the Department of the Interior," Devaney will tell the subcommittee, according to an advance copy of his prepared remarks obtained by ABC News.

Devaney was asked to investigate a controversy that's been brewing on Capitol Hill for months over what critics call a giant giveaway to the major oil companies.

The giveaway, according to the critics, stems from leases issued by the government to oil companies in the late 1990s that exempted them from paying royalties on deepwater drilling, regardless of how much profit they ultimately reaped from that exploration.

it's nice to know it's not just idle speculation about oil company profiteering...

Submit To Propeller


And, yes, I DO take it personally home page