TECHNOLOGY REFUTES ANTIOIL ARGUMENTS

Technology can do more for the oil and gas industry than improve operating performance. Technology can be an effective political tool. The industry must not hesitate to cast light on technology in its defense of the world's most important fuel against misguided political attacks. Those attacks may soon intensify in the U.S. The proposed BTU tax, with its unfair extra levy on oil, has foundered. If it sinks, the Clinton administration's tax-and-spend economic initiative sinks too.