You can depreciate a tractor to zero value but if you sell that tractor later you have to claim the sale price as income.
You're using terms in a very sloppy manner and combining deduction with depreciation. Depreciation is a deduction however it isn't dependent on market forces.
Conservatives believe the government is incompetent, and seek to elect people who will prove it
Ignorance is Bliss Bliss is the same as happiness US Christian conservatives are the happiest in the US according to studies Do you see a connection?
"Oil driller Occidental, one of the major leaseholders in the state, earlier this year put its California business up for sale in part due to lagging oil production.
"Not all resources are created equal," Sieminski said. "It turned out that it is harder to crack the reservoirs and get the oil flowing from the Monterey" than from Bakken or the south Texas formation of Eagle Ford."
UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct | Reuters
Great example of what i am talking about, Brigham Exploration in Nodak, they finally figured out how to make the Bakken productive about 4 years ago by copying EOG. Know what they did? Quickly shut in the well so no one could see the massive gas flare and quitely bought up as much acreage as possible before word got out...