Friday, August 04, 2006

Congressmen Question Oil Windfall

Two congressmen said Thursday someone at the Interior Department may have deliberately removed provisions from offshore drilling contracts, giving oil companies a multibillion-dollar windfall.

They also said the department has refused to provide critical e-mails and documents that could clear up the mystery over the contracts and provisions that dictate how much in royalty payments the companies must pay the government on the leases issued in 1998-99.

''We believe the department may have deliberately withheld crucial information'' that could determine if the issue involves a deliberate action, complained Reps. Tom Davis, R-Va., and Darrell Issa, R-Calif.


Davis, chairman of the House Government Reform Committee, and Issa, chairman of its investigations subcommittee, demanded in a letter to Interior Secretary Dirk Kempthorne that additional documents and e-mails be provided concerning the 1990s drilling leases.

FULL STORY

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