Alabama looks at higher natural gas taxExxonMobil says it’s a punitive measure, nothing more than ‘disguised massive tax increase,’ but revenue commissioner says legislation will guarantee oil companies pay taxes they agreed to pay when Alabama allowed coastal drilling Phillip Rawls Associated Press Writer
A tax battle between Alabama’s Republican governor and the nation’s biggest oil company swung in the governor’s favor April 3 when a legislative committee approved higher taxes on natural gas wells drilled along the Alabama coast.
The House Government Appropriations Committee passed the administrat....
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