interior department

Probe: Gov't Officials Literally "In Bed" With Oil Industry

Digg - Business & Finance  Thu, 09/11/2008 - 14:32

13 Interior Department employees in Denver and Washington rigged contracts, worked part-time as private oil consultants, and had sexual relationships with -- and accepting golf and ski trips and dinners from -- oil company employees.


 

Uncle Sam And Oil

Digg - Business & Finance  Thu, 06/19/2008 - 18:41

The U.S. Interior Department's royalty rate for deep-water drilling in the Gulf of Mexico is 18.75%-up from 12.5% two years ago.This move helped the government take in $7 billion in offshore royalties, rents and bonuses from oil companies drilling in U.S. waters last year.The government's take would undoubtedly increase......