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Page added on February 26, 2009

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Exxon, Chevron Would Pay More Under Obama

(Bloomberg) — President Barack Obama is seeking to raise at least $31.5 billion over 10 years by raising royalty fees and imposing new taxes on oil companies. Exxon Mobil Corp., Chevron Corp., and ConocoPhillips would be among companies subject to new costs under the plan.


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