As national budget discussions escalate, we can expect to be given more insight into Congress’ framework for business tax reform. The American oil and natural gas industry commonly becomes a target in these discussions. However, rarely is any focus given to the positive benefits of existing tax laws. Three specific areas[…]
With Barack Obama in the White House, energy commentators never lack for subjects. Because Oil & Gas Journal editorials about Obama’s energy policies have been frequent and usually negative, the question sometimes arises whether the OGJ editor dislikes the president. To set the record straight: Without knowing the man[…]
The current conflict in the Middle East only underscores the need for increased domestic energy production. Unrest in oil producing regions around the world will always cause fluctuations in the price of oil. Markets will always react to uncertainty, whatever the source At its core, U.S. energy independence is[…]
Opponents of oil and gas development have successfully perpetrated a lie by parroting the “end subsidies to oil and gas” talking points. But the facts show the claims of “subsidies” and “giveaways” are misleading at best. Oil companies do not receive government subsidies, which are defined as “grants or gifts of money.” Nor do they […]
Under the presidency of Barack Obama, the energy policies of our nation are shaped largely by environmental groups who want to end the use of fossil fuels that power our economy and account for more than 15 million jobs. The administration’s aims have been painfully evident from the beginning. Its first step was to ban […]
The current conflict in the Middle East only underscores the need for increased domestic energy production. Unrest in oil producing regions around the world will always cause fluctuations in the price of oil. Markets will always react to uncertainty, whatever the source. At its core, U.S. energy independence is about freedom. When the U.S. is […]
By Amos Snead Efforts are underway to reform the U.S. tax code, and the oil and natural gas industry is facing the unknown in many different ways. There may be changes to how this critical industry is taxed at state and federal levels, even as it stands on the threshold of substantial growth. As America […]
For more than a year, we’ve heard President Barack Obama proclaim that he supports an “all-of-the-above” energy strategy for America, including increased oil and gas production. But his actions suggest otherwise. At present, all of the Atlantic and Pacific seaboards, along with the vast majority of federally owned lands, remain off-limits to new exploration and […]
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