Energy Tomorrow Blog
America’s Oil and Natural Gas Industry Benefits Americans
oil and natural gas industry earnings economic benefits stock ownership pension funds mutual funds iras 401k retirement funds investments
Mark Green
Posted October 21, 2014
Sonecon’s updated look at ownership of the U.S. oil and natural gas industry shows that the benefits of a successful, rigorous industry sector continue to accrue to a broad range of Americans – who are the industry’s true owners. Here’s what we mean by broad:
- Public and private pension and retirements plans, including 401(k)s and IRAs, hold 46.8 percent of all shares of U.S. oil and natural gas companies in 2014.
- Asset management companies, including mutual funds, hold 24.7 percent of oil and natural gas shares.
- Individual investors hold 18.7 percent of all oil and natural gas company shares.
Combined, that’s 97 percent of all oil and natural gas company stock – held by millions of Americans across the country.
Unused Leases? You’ve Got to be Joking!
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Mark Green
Posted May 15, 2012
Raising Energy Taxes – The Wrong Approach
taxes section 199 regulations pensions iras intangible drilling costs energy policy dual capacity domestic energy access
Mark Green
Posted March 29, 2012