depletion allowance
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In an unusual move for a Texan, he has proposed the elimination of the oil depletion allowance for the major oil producers.
From Time Magazine Archive
One reason is that oil companies have less money to spend: Congress has eliminated most of their depletion allowance, and their profits have dropped.
From Time Magazine Archive
Even so, Congress has not been persuaded that exploration would be discouraged by a reduction in the depletion allowance.
From Time Magazine Archive
Nothing is more sacred to many Congressmen than the depletion allowance.
From Time Magazine Archive
Like the depletion allowance, the quota system is also justified as a means of encouraging exploration for more domestic reserves.
From Time Magazine Archive
