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Thursday, August 6, 2026

November 7, 2022

Big oil is not dancing to government tunes. Period.- oil and gas 360

Big oil is not dancing to government tunes. Period.

November 7, 2022

Oil Price Several days ago, President Biden made a media splash when he threatened oil companies with windfall taxes and “other restrictions” if they don’t stop returning cash to shareholders and start investing this cash in more oil production.   The industry, via the American Petroleum Institute, responded with yet another reiteration of the fact that the oil market is

Canada’s share buyback tax could backfire, energy sector warns- oil and gas 360

Canada’s share buyback tax could backfire, energy sector warns

November 7, 2022

BOE Report Canada’s proposal to tax corporate stock buybacks is unlikely to deter oil and gas companies from returning cash to shareholders and may instead put them at a competitive disadvantage, industry officials and analysts said.   Canadian energy companies have been the most active in buying back shares of any sector during the past year, according to CIBC, and

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