- Energy Tax Facts
- 4 Mar 14
- Energy Tax Facts
- 12 Feb 14
What They’re Saying: Reactions to the 2014 SOTU
As President Obama highlighted in his 2014 State of the Union, oil and natural gas production continues to provide new opportunities for the American economy and manufacturing sector while boosting our national security. Yet this year the president again repeated a call to repeal certain tax provisions provided to the oil and natural gas industry. […]
- Energy Tax Facts
- 29 Jan 14
Politico Pro: IPAA on the SOTU: Increasing Taxes on O&G Producers Will Not Meet the Strides the President Has Applauded
Independent Petroleum Association of America spokesman Jeff Eshelman: “[Oil and natural gas producers] can’t continue the progress we’ve made — more jobs, more revenues, a major decrease in the trade imbalance — without holding the administration accountable to continuing these trends. And increasing taxes on oil and natural gas, which decreases the capital available for American […]
- Energy Tax Facts
- 15 Jan 14
Percentage Depletion: Save a Stripper Well
By Jessica Sena In 1926, Congress passed an accounting standard to address the closure of oil and gas businesses across the country, and to spur investment in the robust development of American natural resources. Prior to this, the only deduction for mineral resources wascost depletion, which did not provide sufficient opportunity for smaller, independent businesses to retain revenues to […]
- Energy Tax Facts
- 13 Jan 14
Hays Post (KIOGA’s Ed Cross): IDCs and Percentage Depletion Important for American Energy
As the American economy continues to struggle for recovery, policymakers and the public need to be aware of the key advantages available to our nation through increased domestic oil and natural gas production. A recent Harris Interactive poll shows that American voters see great value in a strong domestic energy sector. Nine out of ten […]
