The People of America's Oil and Natural Gas Indusry

Energy by the Numbers: Taxes

Mark Green

Mark Green
Posted December 22, 2011

The Atlantic ran a series of end of year charts yesterday and for some reason we weren’t invited.  We won’t take it personally, and hey, via the magic of the Internet we can publish our own list of charts we love.  First up, a look at “Big Oil” and taxes, it actually completes a chart The Atlantic ran here.  What we see is that though some folks throw out profit numbers as an excuse to raise energy taxes, they often overlook the income taxes the industry already pays.

And while we are here.  Let’s throw in another chart, on the choice between pro-development policies and higher energy taxes as regards  jobs, government revenue, and energy security.

ABOUT THE AUTHOR

Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.