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

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Texas

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

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
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lesndave
Champion Author Texas

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Message Posted: Jan 12, 2013 10:52:45 PM

K
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DanMtz
Champion Author Oakland

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Message Posted: Jan 12, 2013 9:49:45 AM

Unforeseen worsening of the weather. What else have they not thought about?
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leeac
Champion Author Ohio

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Message Posted: Jan 12, 2013 5:08:26 AM

Big Oil is corrupt and stupid.
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SammyAdams
Champion Author Tallahassee

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Message Posted: Jan 12, 2013 1:21:54 AM

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."

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All things considered, I believe the best course of action would be to abolish the EPA and return to a Constitutionally run government.
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Jan 11, 2013 11:36:57 PM


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.
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lesndave
Champion Author Texas

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Message Posted: Jan 11, 2013 11:36:06 PM

???
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CVA19
Champion Author Salem

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Message Posted: Jan 11, 2013 4:09:22 PM

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]
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flnobody
Champion Author Florida

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Message Posted: Jan 11, 2013 4:08:26 PM

Oh come on now. Didn't what's her name say she cut taxes in Alaska? ®¿®
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gizbo123
Champion Author Los Angeles

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Message Posted: Jan 11, 2013 3:54:33 PM

The power to tax is the power to destroy as by design.
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pleinyeux
Champion Author Montreal

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Message Posted: Jan 11, 2013 3:50:15 PM

less you pay less {real} gas in your car
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ObieDog
Champion Author Maryland

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Message Posted: Jan 11, 2013 3:47:36 PM

Huh?
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doggod
Champion Author Anchorage

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Message Posted: Jan 11, 2013 3:44:56 PM

Another example of the deleterious effects of intervention of the State into peaceable, productive enterprises.

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humblepie
Champion Author Toledo

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Message Posted: Jan 11, 2013 3:33:17 PM

sommetimes the less you pay the more is costs you
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mastermariner
Champion Author Texas

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Message Posted: Jan 11, 2013 3:27:39 PM

Its common practice not only for cooperations but individuals also,
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mikaye
Champion Author Cleveland

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Message Posted: Jan 11, 2013 3:23:39 PM

anything to save a buck
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