Special Report on
The Oil Depletion Allowance
The Oil Depletion Allowance - Trends
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Policy debates over taxes on domestic oil and natural gas operations are a recurring theme in U.S. energy policy, and changes to oil and gas taxes take place at both federal and state levels. The administration is now proposing wide ranging increases to the federal tax treatment of both upstream and downstream operations in the U.S. petroleum industry. The rationale provided for these changes, according to the Treasury Department are: (1) to eliminate the current level of “excessive” investment in domestic oil and gas operations and return the industry to a more neutral tax regime; (2) to reduce carbon emissions ...
Will the methane kill marine life in the Gulf? Cause global warming? Bring on tidal waves and firestorms? Here's everything you ever wanted to know about methane - INCLUDING woolly mammoth farts ... Larry Kudlow is selling this report as good news. I think it stinks There's a whole lot of economic and financial surprises coming out of Europe today (wink, wink)! As prospects before BP get darker by the day, and the likelihood of bankruptcy grows, the TBTF propaganda begins. Evidence A - Bloomberg headline: " BP Demise Would Threaten U.S. Energy Security, Industry ." ... Read More
SURVEY RESULTS FOR
THE OIL DEPLETION ALLOWANCE
Col Fletcher Prouty Explains how oil came to be classified a "fossil fuel"
The New Prize