On the recordJanuary 20, 2014
If these beneficial tax provisions had not been included in the current code, independent producers would have spent $2.1 billion less to drill new wells.
Source
congress.govMary Landrieu: “If these beneficial tax provisions had not been included in the current code, independent producers would have spent…”
Editor's note · Context
Landrieu emphasizes the importance of tax provisions for independent producers' drilling activities.
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If this process is not fixed or focused or made better, it would really be not worth speaking about.
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