The allowed deduction is for the business-use percentage of the lease price plus regular expenses (gas and so on) minus a small adjustment (the lease inclusion amount) that is smaller this year than in the past.

WSJ: Tax Report: The New Tax Breaks for Business Autos

We have some stats here on the fact that last month, the Department of the Interior held a major oil and gas lease sale covering more than 21 million acres in the Gulf of Mexico that are currently not leased.

WHITEHOUSE: Press Briefing

The rig has been hired to the British "Desire Petroleum" company, which will drill in the North Falkland basin and then lease it on to two other British companies, Rockhopper and Falklands Oil and Gas, and to the Australian BHP Biliton.

FORBES: Falklands War Shadow Over Oil Wealth