President-elect Obama has nixed plans to impose a windfall profits tax on oil and natural gas producers due to the steep slide in energy prices over the past couple of months. But while the incoming administration hath taketh away, Congress may giveth producers additional tax burden in the upcoming year, industry officials in Washington fear.
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Obama Nixes Plan for Windfall Profits Tax on Oil, Gas
President-elect Obama has nixed plans to impose a windfall profits tax on oil and natural gas producers due to the steep slide in energy prices over the past couple of months.
Chairman of Iowa Utilities Board May Be Tapped for FERC
John Norris, chairman of the Iowa Utilities Board (IUB) and a close friend of President-elect Obama, has a “pretty good shot” at becoming a FERC commissioner, if not the chairman “down the road,” Washington sources said last Tuesday.
Chairman of Iowa Utilities Board May Be Tapped for FERC
John Norris, chairman of the Iowa Utilities Board (IUB) and a close friend of President-elect Obama, has a “pretty good shot” at becoming a FERC commissioner, if not the chairman “down the road,” Washington sources said Tuesday.
U.S. Chamber Wants White House Energy Office
When he takes office in January, President-elect Obama should create an office within the executive office of the president to coordinate implementation of all aspects of energy policy, with the new office’s head sitting on both the National Economic Council (NEC) and the National Security Council (NSC), according to an energy plan proposed last week by the U.S. Chamber of Commerce.
U.S. Chamber Wants White House Energy Office
When he takes office in January, President-elect Obama should create an office within the executive office of the president to coordinate implementation of all aspects of energy policy, with the new office’s head sitting on both the National Economic Council (NEC) and the National Security Council (NSC), according to an energy plan proposed Monday by the U.S. Chamber of Commerce.
As President, Obama May Block New Utah Leases
President-elect Barack Obama may put his stamp on energy policy early when he takes office in January by using his executive authority to block new oil and natural gas leases on environmentally sensitive lands in Utah, according to a published report.
Gas Returns as ‘Fuel of Choice,’ Analysts Say
Energy price declines eventually will dampen the economics for various alternative energy projects, leaving the administration of President-elect Obama to rediscover natural gas as the “fuel of choice.” This was one of the insights Wednesday from a panel discussing “economical sources of supply” on the second day of the LDC Forum Rockies & West Conference in Irvine, CA.
President-Elect Obama Likely to Block New Utah Leases
President-elect Barack Obama is expected to put his stamp on energy policy early when he takes office in January by using his executive authority to block new oil and natural gas leases on environmentally sensitive lands in Utah, according to a published report.
Bingaman Named Senate Energy Chairman; Feinstein Exits Committee
As expected, Senate Majority Leader-elect Harry Reid (D-NV) has named Sen. Jeff Bingaman (D-NM) to be chairman of the Senate Energy and Natural Resources Committee in the 110th Congress, replacing current Chairman Pete Domenici (R-NM).