Tag: natural gas

  • Energy Tax Facts
  • 18 Jul 13

Wall Street Journal: McKinsey Study Finds Oil and Gas Development Boosting American Jobs, Economy

The U.S. economy faces far more than cyclical troubles. It needs deeper, structural changes to substantially boost productivity and generate new jobs, the McKinsey Global Institute says in a new report entitled “Game Changers: Five Opportunities for U.S. Growth and Renewal.” “Structural problems have been brewing in the U.S. economy for decades,” the think-tank arm of the consulting firm […]

  • Energy Tax Facts
  • 1 Jul 13

Wall Street Journal: IPAA discusses role of taxes in continued oil and natural gas development

Some of the U.S. utilities that burn coal to generate electricity reacted with caution Tuesday to an Obama administration proposal to limit carbon-dioxide emissions, amid concern that the rules might target coal plants for emissions cuts, while letting other sources of emissions, such as petroleum fuels, off the hook. “The devil is in the details; the rules […]

  • Energy Tax Facts
  • 1 Jul 13

Forbes: The President’s Climate Speech and the Role of Natural Gas

Actor and anti-Fracking hysteria-monger Mark Ruffalo went a bit over the edge on Tuesday (as is his habit), lashing out at President Obama for failing to ban hydraulic fracturing in his speech on “climate change”.  Ruffalo was quoted by Politico as follows: “Obama deserves praise for prioritizing climate change, but if he’s serious he needs to […]

  • Energy Tax Facts
  • 1 Jul 13

Penn Energy: Energy sector reacts to Obama climate change plan

Making climate change the centerpiece of his second-term energy policy, President Barack Obama unveiled a package of about a dozen policies his White House said will change the way American makes and consumes energy. In the absence of Congressional action, the president’s energy policy push relies heavily on the Environmental Protection Agency’s ability to regulate carbon dioxide […]

  • Energy Tax Facts
  • 27 Jun 13

POTUS’ Climate Action Plan Wrong on O&G Taxes

This week, the President laid out his Climate Action Plan – a national strategy with the goal of mitigating climate change and preparing for its potential impacts. Of note was the President’s rhetorical support for natural gas as a key fuel for both reducing America’s carbon emissions while shoring up our national security. As the […]

  • Energy Tax Facts
  • 27 Jun 13

Politico: President’s plan relies on natural gas, but tries to boost taxes on it too

President Barack Obama’s call to grow natural gas markets drew a lukewarm reception from the gas industry, which criticized his call to cut fossil fuel tax incentives and remained wary of threats to regulate the sector more tightly. Obama gave the natural gas industry a full-throated endorsement during his Tuesday climate speech, calling it “the […]

  • Energy Tax Facts
  • 27 Jun 13

Fidelity: U.S. could become top oil producer

The United States will supplant Saudi Arabia and Russia as the world’s largest energy producer by 2017, according to the International Energy Agency (IEA). This tectonic shift in the energy power structure could have sweeping geopolitical and economic ramifications. While you may think that the U.S. oil boom makes all energy stocks attractive, our income […]