A push to allow MLPs for renewables could add hundreds of billions in investment. A bill that would allow clean energy projects to leverage master limited partnerships, which are used by the oil and gas industry, was reintroduced in the Senate on Wednesday. “Congress should level the playing field and give all sources of domestic… Keep reading →
On May 6, 2015, the Internal Revenue Service (IRS) published proposed regulations [REG-132634-14], which if finalized would clarify that income from certain oil and natural gas fracturing (“fracking”) services is “qualifying income” for purposes of determining whether a master limited partnership (MLP) qualifies for favorable “passthrough” federal tax status.
The future of carbon-dioxide enhanced oil recovery looks mixed, with the US unconventional resource boom potentially limiting growth CO2-EOR growth. “The shale (tight) oil revolution is an under-discussed threat to CO2 EOR prospects. The table below shows the 15 largest CO2 EOR producers in North America ranked alongside the 15 largest spenders in the shale… Keep reading →
You may not know this, but the United States is already the largest natural gas producer in the world, according to the U.S. Energy Information Administration, and is estimated to produce more oil than Russia and Saudi Arabia in 2013. The U.S. greatly reduced its dependence on foreign energy imports in a very short time.… Keep reading →
The US federal government has long had a hand in guiding development of the country’s energy sector. In some cases, such as the Department of Energy’s role in the early stages of research and development that helped usher in the shale boom, this has been hailed as a success. In others, such as the highly-publicized… Keep reading →
