Tag: marginal wells

  • 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 […]