Any chance Chevron priced its crude oil low to shipping affiliates based in flag-of-convenience countries (no or low taxes), and sold it at a high nearly retail price to refineries and marketing outlets in the oil-consuming nations?

SAS

$500 per year? That might cover the property tax increase for the first year.

But if one purchases a home in the name of one’s child, as a long-term investment, that $7,500.00 is a nice bonus.

Before you put that down payment on a castle you will call home the credit is distributed over 15 years and my guess is you don’t get the full amount if you flip or move in less than 15 years.

“May 8 (Bloomberg) — Chevron Corp., the U.S. oil company that reported an 84 percent drop in quarterly refining profit, said it plans to fire as many as 1,000 employees in its refining, marketing and transportation divisions.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=aaCxrI5PgO_Y&refer=home

I want relief for my 8-track tape investments, the Beta Max investments, and investments in Atari and Commodore Computer systems. It only seems fair.

Does anyone here remember the Love Canal waste site up by Buffalo? Well, some years ago, here is the headline that ran for a story about government efforts to get Hooker Chemical to get off its @ss and start cleaning-up the mess:

Government sues Hooker for $230 Million to clean up Love Canal.

Humm. It is tempting to have my kids buy some property with a provision like this. Mrs. Shore and I may need to co-sign the note, but that is okay.