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When you work public policy issues for the oil and natural gas industry—as I have done for the last 20-plus years—you often feel like Alice going through the Looking Glass, although you eventually get used to the constant streams of misinformation and demagoguery that emit from industry opponents. But it’s been difficult to shrug off these tactics from the other side, over the last four years, in the debate focusing on tax treatments specific to the industry in the U.S. tax code.

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