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Oil Driller's Lawsuit Could Cost Texas Billions in Tax Refunds

2016-01-30 16:48:57| Oil & Gas - Topix.net

A loss oil driller's tax challenge could cost Texas up to $4.4 billion in refunds, comptroller Glenn Hegar warns. As plunging oil prices hollow out drilling country across West and South Texas, energy companies are hoping for a mammoth windfall from an unconventional source: the Texas Supreme Court.

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