and we know
about geronimo


it is interesting at this point
that both the old (GORE and BUSH) families
have strong ties to oil


Halliburton $14.9 billion company

Halliburton became the world’s largest oilfield services and products company.

President Bush’s defense secretary during the Persian Gulf War.

Halliburton has its largest domestic presence in Houston with 20,000 employees. Some 83,000 other workers are spread over 130 countries.

Cheney has set the big-picture course for Halliburton, using his international contacts to get deals done.
"He has been a wonderful CEO," said Anne L. Armstrong, a former Halliburton director who was ambassador to Britain in the Ford administration. "His international contacts have been invaluable."
More than two-thirds of the company’s 1999 revenues came from overseas operations, a figure that promises to increase over time. The oil and gas industry is a global geopolitical industry.
This month Halliburton began work on a $2.5 billion development of two Brazilian offshore fields.
The company’s future is working directly with nationalized oil companies around the world to develop their resources.


excerpted from article by Mark Babineck - AP

 

 

Cheney Favors Big Oil Over American Consumer
U.S. Newswire 28 Jul 2000
http://www.usnewswire.com/topnews/


U.S. Supreme Court

HALLIBURTON OIL WELL CO. v. REILY, 373 U.S. 64 (1963)

373 U.S. 64

HALLIBURTON OIL WELL CEMENTING CO. v. REILY, COLLECTOR OF REVENUE OF
LOUISIANA.
APPEAL FROM THE SUPREME COURT OF LOUISIANA. No. 24.
Argued March 26-27, 1962. Restored to calendar for reargument April 2, 1962.
Reargued December 3,
1962.
Decided May 13, 1963.

Appellant sued in a Louisiana State Court for refund of Louisiana use taxes paid under protest and claimed by appellant to be discriminatory against interstate commerce. Louisiana taxed sales within the State at the same rate that it taxed the use within the State of articles brought from other States, and, in applying its use tax, it gave credit for sales or use taxes paid to other States; but there were discrepancies in the tax burden arising out of the methods of applying the taxes. Part of the tax involved was based on the cost of labor and shop overhead arising out of the assembling in Oklahoma of specialized oil well servicing equipment brought into Louisiana and used there, although these items of cost would not have been included in computing the tax had the assembling been done in Louisiana. Another part of the tax involved was based on the cost of certain articles bought second-hand in another State from parties not regularly engaged in the sale of such articles, although these articles would have been exempt from the Louisiana sales tax had they been purchased within the State. Held: The taxes here involved are invalid, because they discriminate against interstate commerce.

(a) Equal treatment for in-state and out-of-state taxpayers similarly situated is the condition precedent for a valid use tax on goods imported from out-of-state.

(b) Characterizing the discrimination here involved as "incidental" does not validate the tax, since equality for the purposes of competition and the flow of commerce is measured in dollars and cents, not legal abstractions.

(c) On this record, the proper comparison is between the in-state and out-of-state manufacturer-user, and the Louisiana use tax, as applied to appellant's specialized equipment, discriminates against interstate commerce.

(d) Since Louisiana exempts from its sales tax certain isolated sales within the State, the application of its use tax to similar isolated sales outside the State discriminates against interstate commerce.

http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=US&vol=373&invol=64

and oil?
before long iraq will supply oil
to the US
in return of course
the US will stop bombing them...
pretty good deal

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