This lessens the chance that the company will get into a bind that will force it to cut back on exploration and acquisitions -- and leave it with too little oil and gas reserves to meet future debt service.
We have recognized, however, that incorrect legal advice from an IRS employee does not have the force of law and cannot bind the Commissioner or this Court.
That would make the task force subject to the Administrative Procedures Act and all the rules that bind other regulatory bodies, including the legal requirement to consider public comments and provide avenues for appeal.