The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

hydraulic-fracturing  manufacturing  natural-gas  regulations  taxes  oil34 

Mary Leshper

Mary Schaper
Posted April 4, 2013

Forbes The Top Five Facts Everyone Should Know About Oil and Natural Gas Exploration

Ryan Carlyle, a subsea hydraulics engineer, writes that oil accounts for one-third of humanity’s energy supply, is unrivaled in power generation and is fundamental to lifting billions of people out of poverty. Fun fact: If solar power generation doubled every decade for 100 years, it would still be pretty far behind oil today.

Wall Street JournalBeware Tax Reform That Raises Taxes on Capital

Of the ongoing congressional debate over tax reform, Margo Thorning writes  that “Investment, growth and job creation should be the cornerstones of any tax-reform effort.”

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access  investment  poll  taxes 

Mark Green

Mark Green
Posted March 21, 2013

A new Harris Interactive national survey of registered voters finds that big majorities think higher taxes on the industry – as have been proposed by the administration and some in Congress – would be harmful to consumers and the economy. What’s more, respondents believe the idea is fundamentally unfair.

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taxes  revenues  energy  access 

Mark Green

Mark Green
Posted February 26, 2013

The White House is continuing the drum beat for higher taxes on oil and natural gas companies – oddly, as a reaction to higher gasoline prices. Press Secretary Jay Carney this week:

“Anybody fill up their gas tank this weekend?  Think the oil and gas companies can maybe afford to give up their taxpayer – special interest break?  I think most Americans would say yes.”

Let’s think this through. Gasoline prices have been rising – mostly because of underlying increases in the cost of crude oil due to higher global demand for oil – and the White House press secretary’s response is to connect gasoline prices with a tired proposal to raise taxes on the producers of gasoline.

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taxes  investments  energy  access 

Mark Green

Mark Green
Posted February 21, 2013

While the White House talks again about raising taxes on oil and natural gas companies, let’s look at a chart that captures the starkly different outcomes – in terms of revenue for government – from two policy paths: higher energy taxes vs. increased energy development:

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taxes  regulatory-system  regulation  energy-policy  domestic-energy  access 

Mark Green

Mark Green
Posted November 26, 2012

A Wall Street Journal editorial predicts a “regulatory flood” from the Obama administration now that the election is over – in health care, financial services and energy.

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access  energy-policy  taxes 

Mark Green

Mark Green
Posted November 13, 2012

There’s a better strategy to increase revenue for government – one that will generate way more revenue than punitive, discriminatory tax hikes that single out one industry, one that will add jobs and produce more energy to make our country more secure: More domestic oil and natural gas development.

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taxes  keystone-xl  energy-policy  election  domestic-energy  access 

Mark Green

Mark Green
Posted November 7, 2012

What to expect on energy in a second Obama term? Reuters has a pair of analyses, here and here, predicting tougher federal regulation of oil and natural gas, new restrictions on natural gas production and use, continued tight access to reserves on federal lands and waters and a renewed push for higher taxes on energy companies.

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access  domestic-energy  energy-policy  keystone-xl  offshore-drilling  permits  regulations  taxes 

Mark Green

Mark Green
Posted October 17, 2012

Energy continues to play a large role in the presidential debates – evidence that both candidates get the importance of reliable, affordable energy for our economy and for making America more secure, now and in the future.

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taxes  energy-taxes  energy-policy 

Mark Green

Mark Green
Posted October 5, 2012

Taxes and energy are always hot topics, and as with most political issues the conversation often strays far afield.  So let’s take a moment to ground ourselves in fact so that we can work together to build a more competitive corporate tax system through comprehensive tax reform.

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access  anwr  demand  domestic-energy  energy-policy  federal-lands  gulf-of-mexico  keystone-xl  liquid-fuel  offshore-drilling  onshore-drilling  supply  taxes 

Kyle Isakower

Kyle Isakower
Posted August 27, 2012

Ridiculing a New York Times editorial blog is like shooting unusually large fish in a barrel, but this one from last Friday is so fantastical and extreme that a commitment to an honest debate on energy compels me to fire away.  And we don’t have to go far to start the fact check, as they lead with:

"The simple truth, as President Obama has recognized, is that a country that holds less than 3 percent of the world’s reserves but consumes more than 20 percent of the world’s supply cannot drill its way to energy independence."

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