• 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

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