Tax Breaks


GOP Presidential candidate Dr. Ben Carson has asserted that if the United States had declared its intention to achieve energy independence after the September 11th terror attacks, moderate Arab governments would have turned over Osama Bin Laden within two weeks. [ABC] Prof Jacquie McGlade said the UK was shifting away from clean energy as the rest of the… Keep reading →

High Oil Prices Continue To Drive Gas Prices Steadily Upwards

US oil-directed drilling rigs reached 1,443 last week, which is the highest level recorded since Baker Hughes separated its oil and gas rig counts in 1987. “One could argue that all of the increase in the oil rig count this week was because of the Permian,” James Williams, president of WTRG Economics in London, Arkansas,… Keep reading →

Washington Landmarks Begin To Re-Open As Government Shutdown Ends

The latest budget deal struck in congress – which has yet to pass the House and Senate – does not repeal oil and gas industry tax breaks, but would mean an end to the Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Resources Research Program, a public-private partnership seeking to develop technology for harnessing energy… Keep reading →