Today the Senate Energy and Natural Resources Committee voted for an amendment, as part of a comprehensive energy bill, which would give the Secretary of the Interior Department flexibility in suspending mandatory royalty payments to companies for the production of oil and gas. The incentives, originally part of the 2005 Energy Bill, allow oil companies […]
Over the next year, the Obama Administration and Congress will debate how to address a wide variety of energy tax and fee issues. This comes on the heels of last year’s high oil and gas prices and record profits for companies in the industry which had Congress deliberating windfall taxes and more drastic action. Now […]
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