Oil and gas operations are the single most important activity carried on by American multinational corporations. While there is a vast general literature on the tax laws applicable to foreign income, the particular application of this law to the oil industry is so sparse that one can count on the fingers of one hand the number of significant articles that have dealt specifically with this subject.
Ross, Stanford G.
"Federal Income Tax Treatment of United States Oil Corporations,"
Syracuse Journal of International Law and Commerce: Vol. 2
, Article 6.
Available at: http://surface.syr.edu/jilc/vol2/iss2/6