By David Blackmon, Contributing Editor DEMAGOGUING THE INDUSTRY ON MYTHICAL TAX “SUBSIDIES” Nowhere has the intensification of this war on oil and gas become clearer than in Democrats’ current efforts to raise taxes on the industry. In its “Green Book” related to the administration’s gargantuan omnibus budget bill, the Treasury Department uses this coded language […]
U.S. Congressman Kevin Brady says time is limited to speak up against recent proposals made by the Biden administration. In an early morning roundtable with business leaders in north Houston, Brady spoke of potential effects if proposed tax increases suggested by Pres. Joe Biden pass. In May, the White House released Biden’s FY 2022 budget, […]
By Toby RIce, president and chief executive officer of EQT Corp., the largest natural gas producer in the United States Natural gas is not “big oil.” Unlike foreign and integrated oil and natural gas companies, independent companies like EQT depend on sound energy policies that support our ambitions to leverage technology and innovation to meet […]
By Richard C. Lerblance, a member of the Pittsburg County Democrat Club. …Royalty payments are paid to thousands of Oklahomans on a monthly basis from oil and gas production. As a matter of fact, the May edition of ROAR, a publication produced by the National Association of Royalty Owners, listed Oklahoma as having 2,537,250 royalty […]
“What is absolutely without a doubt is that passing this budget, regardless of company size or structure, is going to fundamentally disadvantage America’s standing in the global energy space,” said Ryan Ullman, vice president of government relations and political affairs at the Independent Petroleum Association of America. “We are going to produce less oil and […]
By Sam Bradley, co-founder of Small Operator Society, a coalition of more than 65 small oil and gas companies that currently operate more than 15,000 active wells across Colorado. As Colorado and America emerge from the worst of the COVID-19 pandemic, it is imperative that communities and businesses are given every chance to roar back […]
“The provisions of this bill that repeal an array of oil and natural gas tax deductions were written solely to undermine American production,” said Barry Russell, president and CEO of the Independent Petroleum Association of America, which represents independent and small oil and gas producers. Senate Minority Leader Mitch McConnell, during a speech on the Senate […]
President Biden issued his first full budget proposal today, a 1,700-page plan detailing a dramatically increase the size and scope of the federal government with more than $6 trillion in spending over the coming fiscal year. Vast new spending would be paired with significant tax increases on corporations and the wealthy. The budget includes the same changes to oil and natural gas industry tax provisions […]
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