Tag: EIA

  • Energy Tax Facts
  • 12 Jul 13

Study: Repealing IDC Deduction Would Destroy U.S. Jobs

Today, the American Petroleum Institute (API) released a study, conducted by Wood Mackenzie, that found repealing the Intangible Drilling Costs (IDCs) tax deduction would have a profoundly negative impact on American energy production, including the men and women whose jobs depend on it. According to the study, repeal of the IDC deduction would cost 190,000 American […]

, , , ,
  • 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 […]

, , , , , , ,