1-08-12
Senator Hollis French - Alaska Legislature - Press Release 1/05/12 - BP Withholds Oil Pipeline Evidence, Credibility in Oil Tax Debate Questioned - "BP got caught in a vice. On the one hand - in state court - it wanted to argue that the pipeline would shut down at 300,000 barrels per day, because the higher the number, the lower their property taxes. But on the other hand - to the SEC - BP used a much lower number, 135,000 bpd, because the lower the number, the bigger their reserves on [...]