Tag: enhanced oil recovery

  • Energy Tax Facts
  • 13 May 21

More than 50 Lawmakers Urge Pelosi to Consider Impacts When Targeting Tax Treatment of O&G Industry

Today Rep. Jodey Arrington (R-TX), Whip Steve Scalise and more than 50 other lawmakers wrote to Speaker Pelosi on tax treatment of the oil and natural gas industry.“It’s one thing for policies to accelerate investment activity or production of certain products, but it is an entirely different matter to write laws that would punish a particular industry, especially one that is so fundamental to our economic growth and national […]

, , , ,
  • Energy Tax Facts
  • 13 May 21

House Republicans Letter to Speaker Pelosi on Industry Tax Provisions

“It’s one thing for policies to accelerate investment activity or production of certain products, but it is an entirely different matter to write laws that would punish a particular industry, especially one that is so fundamental to our economic growth and national security.”

, , , ,
  • Energy Tax Facts
  • 21 Apr 21

Senate Finance Committee Bill Would Eliminate Expensing of IDCs, Percentage Depletion, EOR credits and more

Today, Senate Finance Committee Chair Ron Wyden, D-Ore., and 24 colleagues introduced the Clean Energy for America Act, legislation “to overhaul the federal energy tax code, create jobs and combat climate change.”According the Senators, “the current system of energy incentives is overly complex and far less effective than it should be, with more than 40 different energy tax incentives, including permanent subsidies for Big Oil… The Clean […]

, , , ,