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Energy Tomorrow Blog

The $1 Trillion Choice

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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Congressional Democrats Concede Oil Companies Don’t Get Subsidies

taxes and revenue  lifo  fairness  cost recovery 

Mark Green

Mark Green
Posted February 6, 2013

Yesterday, President Obama called on Congress to pass a “balanced mix of spending cuts and more tax reform” to avoid the sequester spending cuts scheduled to take effect March 1.  White House Press Secretary Jay Carney then followed up with, “That means closing loopholes that give tax advantages to the wealthy and to corporations that average Americans and average businesses don't have…So there's the subsidies to oil and gas companies.”

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Oil, Natural Gas and Taxes - The Choice Revisited

taxes and revenue  energy  economy and energy  access 

Mark Green

Mark Green
Posted February 5, 2013

Energy is essential to running our economy and securing our standard of living.  At a very basic level we can get the energy we need in one of three ways: 1. We can produce it domestically; 2. U.S. companies can produce it abroad for sale in the U.S.; 3. Foreign companies can produce it abroad for sale in the U.S. Two of these three ways offer a clear advantage in creating American jobs, boosting the American economy and supplying revenue to American governments.

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Study: Oil and Natural Gas as Economic Dynamo

taxes and revenue  energy  drilling  access 

Mark Green

Mark Green
Posted February 5, 2013

An important new analysis supports what the oil and natural gas industry has been saying for some time: Drilling on public lands now closed to development could boost U.S. employment, economic growth and revenue to federal, state and local governments over both short- and long-term horizons.

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Lease Auction: There’s More Where That Came From

industry taxes  energy policy  domestic energy  access 

Mark Green

Mark Green
Posted December 3, 2012

The federal government says it expects to take in $133.8 million in high bids for drilling rights in the western Gulf of Mexico from last week’s lease auction – a sale that underscored the oil and natural gas industry’s continued interest in deep-water development.

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Turning Aside the ‘Regulatory Flood’

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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More Government Revenue? The Better Oil and Natural Gas Solution

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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Energy and the Second Term

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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Presidential Politics and Energy Reality

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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Energy, Taxes, and Flawed Rhetoric

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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