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Author	Topic: Shell Says Tax Played Role in Move of Rig That Grounded	Post a Reply Back to Topics

mastermariner Champion Author Texas Posts:4,844 Points:521,425 Joined:Jun 2011	Message Posted: Jan 11, 2013 3:22:49 PM Ignore mastermariner Report Abuse Avoiding a state tax played a role in Royal Dutch Shell Plc (RDSA)’s decision to move a drilling rig from Alaska waters, though the company said the vessel’s grounding days later was the result of an unforeseen worsening of weather. The Kulluk broke free from its tugboat in stormy seas on Dec. 31 and ran aground on an uninhabited Alaskan island, another embarrassment for a company that has spent $4.5 billion and seven years in pursuit of oil beneath the Chukchi and Beaufort seas in the Arctic Circle. A Jan. 1 state tax assessment was “a consideration,” in the timing of the rig’s move, Curtis Smith, a Shell spokesman, said in an e-mail. However, that was “not among the main drivers for our decision to begin moving the Kulluk,” he said. It was being towed from Dutch Harbor, Alaska, to a ship Visit Bloomberg for full article

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Message Posted: Jan 11, 2013 3:22:49 PM

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Avoiding a state tax played a role in Royal Dutch Shell Plc (RDSA)’s decision to move a drilling rig from Alaska waters, though the company said the vessel’s grounding days later was the result of an unforeseen worsening of weather.
The Kulluk broke free from its tugboat in stormy seas on Dec. 31 and ran aground on an uninhabited Alaskan island, another embarrassment for a company that has spent $4.5 billion and seven years in pursuit of oil beneath the Chukchi and Beaufort seas in the Arctic Circle.
A Jan. 1 state tax assessment was “a consideration,” in the timing of the rig’s move, Curtis Smith, a Shell spokesman, said in an e-mail. However, that was “not among the main drivers for our decision to begin moving the Kulluk,” he said. It was being towed from Dutch Harbor, Alaska, to a ship
Visit Bloomberg for full article

REPLIES (newest first)Ignore Short Messages

lesndave Champion Author Texas Posts:3,173 Points:728,630 Joined:May 2011	Message Posted: Jan 12, 2013 10:52:45 PM Ignore lesndave Report Abuse K
DanMtz Champion Author Oakland Posts:3,496 Points:1,271,125 Joined:Oct 2009	Message Posted: Jan 12, 2013 9:49:45 AM Ignore DanMtz Report Abuse Unforeseen worsening of the weather. What else have they not thought about?
leeac Champion Author Ohio Posts:1,736 Points:461,605 Joined:Jan 2012	Message Posted: Jan 12, 2013 5:08:26 AM Ignore leeac Report Abuse Big Oil is corrupt and stupid.
SammyAdams Champion Author Tallahassee Posts:3,197 Points:820,405 Joined:Nov 2010	Message Posted: Jan 12, 2013 1:21:54 AM Ignore SammyAdams Report Abuse From the article: "The Kulluk has raised additional issues for Shell. The Environmental Protection Agency issued a notice to Shell, saying its operation of the Kulluk while drilling in the Arctic Ocean violated its permit under the Clean Air Act. Shell submitted 17 “excess emission” or “permit deviation” reports to the EPA, the agency said. “Shell violated numerous conditions in the permit during the 2012 drilling season,” Edward Kowalski, director of the EPA’s compliance office, wrote in a letter to the company yesterday. A company can face penalties of $37,500 a day for each violation, the agency said." ========================================================= All things considered, I believe the best course of action would be to abolish the EPA and return to a Constitutionally run government.
NHLiveFree Champion Author New Hampshire Posts:11,294 Points:1,649,905 Joined:Jun 2008	Message Posted: Jan 11, 2013 11:36:57 PM Ignore NHLiveFree Report Abuse Real nonsense GT... The usual bad move by oil industry executives. Moving the 'big' rig so far into the winter season risked many lives for very small savings on a tax cheat scheme. Royal Dutch Shell and their top executives have proved once again they are just a bunch of greedy and suprisingly stupid beancounters. Some of the shill defenders of the 'industry' must change the subject here per the API playbook. As usual they ignore the facts and subject at hand.
lesndave Champion Author Texas Posts:3,173 Points:728,630 Joined:May 2011	Message Posted: Jan 11, 2013 11:36:06 PM Ignore lesndave Report Abuse ???
CVA19 Champion Author Salem Posts:2,393 Points:632,975 Joined:Aug 2011	Message Posted: Jan 11, 2013 4:09:22 PM Ignore CVA19 Report Abuse The "taxers" just don't get it. When you try to rob, er, pilfer, uh, tax people, they will look for every opportunity to avoiding being robbed, er, pilfered, uh, taxed! [Edited by: GT3186 at 1/11/2013 4:10:05 PM EST]
flnobody All-Star Author Florida Posts:566 Points:256,875 Joined:Jun 2012	Message Posted: Jan 11, 2013 4:08:26 PM Ignore flnobody Report Abuse Oh come on now. Didn't what's her name say she cut taxes in Alaska? ®¿®
gizbo123 Champion Author Los Angeles Posts:1,599 Points:1,778,585 Joined:Dec 2005	Message Posted: Jan 11, 2013 3:54:33 PM Ignore gizbo123 Report Abuse The power to tax is the power to destroy as by design.
pleinyeux All-Star Author Montreal Posts:918 Points:227,105 Joined:Oct 2012	Message Posted: Jan 11, 2013 3:50:15 PM Ignore pleinyeux Report Abuse less you pay less {real} gas in your car
ObieDog Champion Author Maryland Posts:2,051 Points:877,120 Joined:Sep 2010	Message Posted: Jan 11, 2013 3:47:36 PM Ignore ObieDog Report Abuse Huh?
doggod Champion Author Anchorage Posts:2,983 Points:768,085 Joined:May 2009	Message Posted: Jan 11, 2013 3:44:56 PM Ignore doggod Report Abuse Another example of the deleterious effects of intervention of the State into peaceable, productive enterprises.
humblepie Champion Author Toledo Posts:35,342 Points:2,399,070 Joined:Mar 2006	Message Posted: Jan 11, 2013 3:33:17 PM Ignore humblepie Report Abuse sommetimes the less you pay the more is costs you
mastermariner Champion Author Texas Posts:4,844 Points:521,425 Joined:Jun 2011	Message Posted: Jan 11, 2013 3:27:39 PM Ignore mastermariner Report Abuse Its common practice not only for cooperations but individuals also,
mikaye Champion Author Cleveland Posts:3,964 Points:891,160 Joined:Jun 2010	Message Posted: Jan 11, 2013 3:23:39 PM Ignore mikaye Report Abuse anything to save a buck