Items Tagged with 'credit'

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Trump, GOP Celebrate Passage of $1.5 Trillion Tax Reform Bill

President Trump stood on the South Lawn of the White House with dozens of Republican lawmakers Wednesday, touting his biggest legislative accomplishment to date: passage of a $1.5 trillion comprehensive tax reform bill, which the GOP successfully muscled through Congress earlier in the day, despite an 11th hour hiccup. Read More

Henry Hub, WTI/Brent Prices Remain Range-Bound, Moody's Says

Moody's Investors Service on Tuesday maintained its medium-term price band of $40-60/bbl for Brent and West Texas Intermediate (WTI) crude, the main oil-price benchmarks, and it reiterated a $2.00-3.50/MMBtu price for North American natural gas at Henry Hub, the industry's chief measure of gas prices.

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Obama Proposed Budget Targets Oil, Gas Industry

President Obama's nearly $4 trillion budget for fiscal 2016 would eliminate tax credits for the oil and gas industry and force master limited partnerships (MLP) formed by fossil fuel entities to be taxed at a higher rate, while making major investments to combat climate change on several fronts. Read More