U.S. attacks $19 billion oil, gas “windfall”

Saying that the federal Treasury is at risk of giving up nearly $19 billion — and maybe more — in revenues, the Obama Administration has asked the Supreme Court to clarify the government’s power to collect royalties from oil and gas companies drilling in the Gulf of Mexico.  In a petition filed Monday (U.S. Department of Interior … Continue reading U.S. attacks $19 billion oil, gas “windfall”