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.
Oilmen would finally lose their long-cherished depletion allowance.
From Time Magazine Archive
President Nixon has proposed that Congress repeal the U.S. depletion allowance for oil wells located abroad.
From Time Magazine Archive
More important it is likely that the domestic depletion allowance will be abolished or substantially reduced.
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
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
