Archive for
September, 2008
22 entries in this archive. Displaying 11-12 of 22
It appears that the Gang of Twenty energy bill will not be introduced and that the Senate will consider instead a pared down version of the Baucus-Grassley bill. The Energy Improvement and Extension Act of 2008 extends a wide ran...
Posted Wednesday, September 17th, 2008 at 4:26 pm | Filed in: Legislation
It now appears possible that Congress will, in passing a continuing resolution to keep the government running in the absence of the completion of the annual appropriations bills, allow the longstanding moratoria on off-shore explo...
Posted Tuesday, September 16th, 2008 at 11:14 am | Filed in: Energy Supply
Section 199 of the tax code establishes a tax deduction equal to a specified percentage of a manufacturer’s income from “qualified production activities.” “Qualified production activities” include any lease, rental, lice...
Posted Monday, September 15th, 2008 at 12:29 pm | Filed in: Transportation
Both the Gang of 20 and the Baucus-Grassley bills establish a 13 percent excise tax on oil and gas produced in the Gulf of Mexico, while allowing royalties paid on such productions to serve as a credit against the tax. In doing s...
Posted Monday, September 15th, 2008 at 12:29 pm | Filed in: Energy Security, Energy Supply
Given the importance of the energy sector, energy investments must move forward at robust levels with or without offsetting revenue increases. Just as individuals and businesses make investments representing current year outflows ...
Posted Monday, September 15th, 2008 at 12:27 pm | Filed in: Energy Security, Energy Supply
Oil prices fell sharply Monday morning. Part of the decline is likely in response to the financial crisis on Wall Street and growing concern about declining economies worldwide, which could slow demand growth for oil.
A portio...
Posted Monday, September 15th, 2008 at 11:16 am | Filed in: Energy Demand, Energy Supply
Frederick W. Smith, Chairman, President and CEO of FedEx Corporation, and General P.X. Kelley (ret.), 28th Commandant of the U.S. Marine Corps, today published an op-ed in Investor’s Business Daily in support of the comprehensiv...
Posted Monday, September 15th, 2008 at 11:14 am | Filed in: Electrification, Energy Security, Transportation
The United States trade deficit in July rose to $62.2 billion, up from $58.8 billion in June. Crude oil was responsible for $43.5 billion of the deficit. It is therefore clear that high oil prices and a high level of oil ...
Posted Friday, September 12th, 2008 at 12:22 pm | Filed in: Energy Security, Oil Prices
It appears that Senators Bingaman and Baucus are preparing to introduce a Democratic alternative to the Gang of Sixteen’s bipartisan energy bill. It seems that their proposal would be similar to the Gang’s bill in many ways. ...
Posted Thursday, September 11th, 2008 at 12:21 pm | Filed in: Energy Supply, Transportation
The auto companies have come out in support of the Gang of 16’s effort [read their letter].
Stating that “both increasing domestic energy production and promoting conservation and efficiency will be critical to reducing U.S...
Posted Wednesday, September 10th, 2008 at 3:52 pm | Filed in: Energy Supply, Transportation
«Previous Post Next Post»
Financial Times
