• Energy Tax Facts
  • 20 Jun 13

NAPTP Responds to NY Times Article on Oil and Gas MLPs

The following is a guest blog post from the National Association of Publicly Traded Partnerships (NAPTP). In his latest New York Times entry – How the I.R.S. Encourages Oil and Gas Spinoffs – Mr. Fleischer is correct to assert that if Congress were to pursue comprehensive tax reform, it must examine our current corporate tax system […]

  • Energy Tax Facts
  • 18 Jun 13

Rep. Boustany: IDCs Absolutely Necessary for Independent Producers to Thrive

By Congressman Charles W. Boustany, Jr. (LA-03)  In today’s age of thirty-second sound bites and fiery rhetoric, the oil and gas industry continues to come under heavy attack. Critics cite “subsidies” and “loopholes” as means by which the industry avoids “paying its fair share.” However, that’s simply not reality. An industry that delivers over $86 […]

  • Energy Tax Facts
  • 16 Jun 13

Rep. Tom Reed: American Energy Pushing the Economy Forward

The American oil and natural gas industry is one of the few sectors that is pushing the economy forward and investing here at home – including my backyard in New York’s Southern Tier – in an otherwise slow recovery environment. These producers have generated billions of dollars in state, local and federal revenues while creating […]

  • Energy Tax Facts
  • 7 Jun 13

IDC Deduction Shoring Up American Energy Security

The shale revolution has been, and continues to be, led by America’s independent producers. And now, even the OPEC cartel is being forced to pay attention. Since George Mitchell combined hydraulic fracturing and horizontal drilling in the Barnett Shale of Texas, the production from shale basins all across America has skyrocketed.  As the Houston Chronicle […]

  • Energy Tax Facts
  • 23 May 13

CPA Report Right on Energy Taxes

Written by IPAA’s Jordan Dewbre: Through a report released on Monday, the Texas Society of CPA’s has just now found itself definitively on the right side of the Energy Tax issue. Though the risk of repeal of expensing of intangible drilling costs, the percentage depletion allowance, the domestic manufacturing deduction, and the exemption to the passive […]

  • Energy Tax Facts
  • 21 May 13

Independents Support Record U.S. Energy Output

This week, the International Energy Association (IEA) released a report stating that North American energy development is redefining our global energy outlook, and “reaching all recesses of the global oil market.” More American energy is displacing OPEC supplies and enhancing national energy security while boosting the economy and altering the geopolitics of global oil supply […]

  • Energy Tax Facts
  • 18 Apr 13

Houston Chronicle Editorial Takes On Administration’s Energy Outlook

The facts are in — the President’s proposed budget is taking aim at the wrong industry.  America’s oil and natural gas producers are providing jobs while safely developing secure, energy here at home.  The result is fueling an otherwise anemic economy, providing affordable fuel for manufacturers, and decreasing our reliance on foreign, often unstable, energy […]

  • Energy Tax Facts
  • 15 Apr 13

IPAA Submits Comments to Energy Tax Working Group

 On Friday, the Independent Petroleum Association of America (IPAA) submitted comments to Congressmen Kevin Brady (R-TX) and Mike Thompson (D-CA), members of the House Ways & Means Energy Tax Reform Working Group, noting the important role of the tax code in affecting the future exploration and production of America’s oil and natural gas resources. From […]