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New Tax on Oil in California?

By Vorys

California Governor Arnold Schwarzenegger has called for a 9.9% tax on every barrel of crude oil produced in the state, according to this article from the LA Times.  This would make CA producers the most heavily taxed in the country.

Tags: California, Energy

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.