International Oil and Gas Taxation. Focus on ... Wyoming (??)
Article from: OGEL 3 (2004), in Taxation
Introduction
With a daily oil production of around 150 KBD in 2001, Wyoming ranks seventh in importance amongst US oil producing states (after Texas, Alaska, California, Louisiana, Oklahoma and New Mexico). Wyoming's output is therefore enough to satisfy three quarters of one per cent of the huge US oil demand and is equivalent to a modest two-tenths of one per cent of global supply. On this basis, it would appear reasonable to think, therefore, that nothing much of what goes on in the Wyoming oil and gas sector should be of any interest to the international oil industry at large. Such a ...