- J Pett
- 13 Sep 24
- J Pett
- 12 Sep 24
IPAA, 500+ Groups Urge the Next Congress and Administration to Pursue Pro-Growth Tax Policy
The groups write, “Absent congressional action, at the end of 2025 American families and employers will be hit with the largest tax increase in American history…”
- J Pett
- 16 Jul 24
JD Supra: Outlook for Energy and Tax Policy in 2025
While we await the outcome of the upcoming US elections, stakeholders in the energy tax and policy space should recognize that, regardless of the outcome of the election, there will be plenty of activity in the energy sector in the year to come. As noted in our previous Legal Update, 2025 will bring the largest tax […]
- J Pett
- 20 Apr 23
Tax Foundation: What Biden’s Budget Gets Wrong about Expensing for Intangible Drilling Costs
French philosopher Voltaire once famously described the Holy Roman Empire as neither holy, nor Roman, nor an empire. The latest presidential budget includes a section calling for the elimination of a handful of supposed subsidies, such as expensing for intangible drilling costs (IDCs), which the budget characterizes as “wasteful spending… on Big Oil.” Much like the Holy […]
- Energy Tax Facts
- 22 Oct 21
Sen. Steve Daines in The Western News: Defending Montanans from the Democrats’ tax and spend spree
Their bill also supports Biden’s attack on “Made in Montana” energy. It’s not enough that the president already killed the Keystone XL pipeline — he wants to go further and pass Sanders’ Green New Deal policies aimed at eliminating oil, gas and coal completely. We should be doing all we can to support an all-of-the-above […]
- Energy Tax Facts
- 18 Oct 21
Houston Chronicle: Balance industry action, regulation to achieve climate goals
By Amy Andryszak, CEO of INGAA and Chris Romer, CEO and Founder of Project Canary We appreciate workable methane regulations that continue the progress our members and organizations are currently making. But adding more taxes on natural gas will only divert resources away from meaningful investments in technology that enable and accelerate actual emissions reductions. […]
- Energy Tax Facts
- 14 Oct 21
The State Journal: Now is the time to boost manufacturing, not over-tax it
By Dean Cordle, president and CEO of AC&S Inc. The natural gas tax supported by some in congressional leadership will increase the cost of energy at every step from production to consumption, which means it will be a new tax levied on all Americans. In West Virginia, our citizens can ill afford new taxes on […]
- Energy Tax Facts
- 6 Oct 21
Mineral Rights Podcast: Mineral Rights News October 2021
This month the showhosts discuss articles that talk about whether or not we will be able to continue to expense Intangible Drilling Costs and to take the Percentage Depletion Deduction on our Royalties, Shell’s decision to leave the Permian Basin, and why elevated oil and gas prices will likely continue.
