Tag: natural gas tax

  • Energy Tax Facts
  • 23 Sep 21

The Center Square: Texas upstream oil and gas sector adds jobs, threatened by proposed natural gas tax association argues

“Oil and natural gas demand is poised to surge over the next 6-12 months,” Ed Longanecker, president of TIPRO, said in a statement. “Bullish fundamentals set up oil prices and the industry for strong returns over the next few years, which will have a positive impact on industry employment and economic growth for our state […]

  • Energy Tax Facts
  • 10 Sep 21

Natural Gas Intelligence: U.S. Oil, Natural Gas Trade Groups Warn Proposed Methane Tax Could Backfire

Nearly 130 business and labor groups led by the American Petroleum Institute (API) are urging Congress to oppose a proposed tax on oil and gas methane emissions and instead push for direct federal regulation. Senate Democrats are considering the Methane Emissions Reduction Act of 2021 for inclusion in their $3.5 trillion budget reconciliation bill.  Introduced by Democratic […]