Download or read book Incentives for Domestic Oil and Gas Production and Status of the Industry written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1999 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Incentives for Domestic Oil and Gas Production and Status of the Industry written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1999 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book INCENTIVES FOR DOMESTIC OIL GAS PRODUCTION STATUS OF THE INDUSTRY HRG 106 17 COM ON WAYS AND MEANS U S HOR 106TH CONG written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2000* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 106 1 Hearing Incentives for Domestic Oil and Gas Production and Status of The Industry Serial 106 17 February 25 1999 written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Incentives to Increase Energy Security written by United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation and published by . This book was released on 1987 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Outer Continental Shelf Deep Water Production Incentives Act written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1993 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The State of the U S Oil and Gas Industry written by United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Energy Research and Development and published by . This book was released on 1988 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Issues Affecting Domestic Oil and Gas Production written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1995 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed to some depository libraries in microfiche.
Download or read book Incentives for Domestic Refining written by United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation and published by . This book was released on 1981 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors argue that, in spite of decades of racial progress and the pervasiveness of multicultural rhetoric, racial judgments are often based not just on skin color, but on how a person conforms to behavior stereotypically associated with a certain race. Specifically, racial minorities are judged on how they "perform" their race: the clothes they wear, the way they style their hair, the institutions with which they affiliate, their racial politics, the people they befriend, date or marry, where they live, how they speak, and their outward mannerisms and demeanor.
Download or read book The Role of Tax Incentives in Energy Policy written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2001 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil and Gas Tax Provisions written by United States. Congress. Senate. Committee on Finance. Subcommittee on Energy, Natural Resources, and Infrastructure and published by . This book was released on 2009 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil and Gas Tax Subsidies written by and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congressional policymakers are discussing the possibility of raising taxes on the oil and gas industry by (1) revoking the industry tax incentives enacted under the Energy Policy Act of 2005; (2) cutting or eliminating the traditional tax subsidies for oil and gas, which were expanded somewhat under the 2005 act; and (3) eliminating or reducing tax loopholes -- provisions (but not strictly tax subsidies) that are generally available to other domestic industries but that also benefit the oil and gas industry. The Energy Policy Act of 2005 (EPACT05, P.L. 109-58) included several oil and gas tax incentives, providing about $2.6 billion of tax cuts for the oil and gas industry. In addition, EPACT05 provided for $2.9 billion of tax increases on the oil and gas industry, for a net tax increase on the industry of nearly $300 million over 11 years. Energy tax increases comprise the oil spill liability tax and the Leaking Underground Storage Tank financing rate, both of which are imposed on oil refineries. If these taxes are subtracted from the tax subsidies, the oil and gas refinery and distribution sector received a net tax increase of $1,356 million ($2,857 million minus $1,501 million). EPACT05 was approved and signed into law at a time of very high petroleum and natural gas prices and record oil industry profits. The House approved the conference report on July 28, 2005, and the Senate on July 29, 2005, clearing it for the President's signature on August 8 (P.L. 109-58). However, the tax sections originated in the106th Congress, with its effort in 1999 to help the ailing domestic oil and gas producing industry, particularly small producers, deal with depressed oil prices. Subsequent price spikes prompted concern about insufficient domestic energy production capacity and supply. All the early bills appeared to be weighted more toward stimulating the supply of conventional fuels, including capital investment incentives to stimulate production and transportation of oil and gas. In addition to the tax subsidies enacted under EPACT05, the U.S. oil and gas industry qualifies for several other targeted tax subsidies (FY2006 revenue loss estimates appear in parenthesis): (1) percentage depletion allowance ($1 billion); (2) expensing of intangible drilling costs for successful wells and non-geological and geophysical costs for dry holes, including the exemption from the passive loss limitation rules that apply to all other industries ($1.1 billion); (3) a tax credit for small refiners of low-sulfur diesel fuel that complies with Environmental Protection Agency (EPA) sulfur regulations ($ 50 million); (4) the enhanced oil recovery tax credit ($0); and (5) marginal oil and gas production tax credits ($0). Finally, congressional policymakers have discussed the possibility of eliminating or reducing some of the tax advantages enjoyed by the domestic oil and gas industry that are also available to other industries: (1) accelerated depreciation; (2) the domestic production (or manufacturing) deduction under Internal Revenue Code ? 199; (3) last-in, first-out inventory accounting method; and (4) the foreign tax credit.
Download or read book Future of the Domestic Oil and Gas Industry written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Mineral Resources Development and Production and published by . This book was released on 1990 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax and Other Legal Incentives to the Increased Production of Energy Resources written by Michael T. Johnson and published by . This book was released on 1975 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Domestic Petroleum Production and International Supply written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1995 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profitability of Domestic Energy Company Operations written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1974 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Domestic Oil and Gas tax Proposals to Increase Production written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and published by . This book was released on 1995 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
