Trillion

Obama Again Seeks to Axe Oil, Gas Tax Breaks

In his long-awaited $3.77 trillion budget for fiscal year (FY) 2014 unveiled last Wednesday and forwarded to Congress, President Obama again sought to repeal tax breaks for oil and natural gas producers. He also proposed tacking on new fees and increasing oil and gas royalties to fund renewable fuel development, as well as elevating spending for the Commodity Futures Trading Commission (CFTC).

April 15, 2013

No Surprises for Energy in Obama Budget

President Obama’s $3.77 trillion budget for fiscal year (FY) 2014, unveiled Wednesday, for the fourth time seeks to repeal tax breaks for oil and natural gas producers. It also would tack on new fees for operations on federal lands and increase oil and gas royalties to fund renewable fuel development.

April 11, 2013

Obama’s Budget Again Seeks to Axe Oil, Gas Tax Breaks

In his long-awaited $3.77 trillion budget for fiscal year (FY) 2014 unveiled on Wednesday and forwarded to Congress, President Obama again sought to repeal tax breaks for oil and natural gas producers. He also proposed tacking on new fees and increasing oil and gas royalties to fund renewable fuel development.

April 11, 2013

Investors Coalition Supports Best Practices for Shale Fracking

Fifty-five investment organizations and institutional investors with nearly $1 trillion in assets under management are pushing for implementation of “best practices” for hydraulic fracturing (fracking), according to a trio of shareholder groups — Boston Common Asset Management, the Investor Environmental Health Network (IEHN) and the Interfaith Center on Corporate Responsibility (ICCR) — which are spearheading the effort.

May 21, 2012

Big Spending Forecast in North America’s Upstream

Led by spending in North America, global upstream expenditures are set to reach a combined record of $1.23 trillion this year, according to the latest IHS Upstream Spending Report.

May 7, 2012

North America Upstream to Top Global Spending in 2012

Led by spending in North America’s offshore and onshore, global upstream expenditures are set to reach a combined record of $1.23 trillion this year, according to the latest IHS Upstream Spending Report.

May 1, 2012

Ex-CFTC Chair: ‘Unrealistic’ Dodd-Frank Deadline Set

The Commodity Futures Trading Commission (CFTC) and Congress set far too an “ambitious” schedule to implement rules bringing the $300 trillion U.S. derivatives market under agency oversight for the first time, said a former CFTC commissioner.

August 1, 2011

Ex-CFTC Chair: Congress Set ‘Unrealistic’ Dodd-Frank Deadline

The Commodity Futures Trading Commission (CFTC) and Congress set far too an “ambitious” schedule to implement rules bringing the $300 trillion U.S. derivatives market under agency oversight for the first time, said a former CFTC commissioner.

July 26, 2011

Gensler: Rising Commodities Prices Show Need for Strong Derivatives Oversight

Rising prices for basic commodities — including both agricultural and energy markets — underscore the need for greater oversight of the $600 trillion derivatives market, said the head of the Commodity Futures Trading Commission (CFTC).

March 28, 2011

Gensler: Rising Commodities Prices Show Need for Strong Derivatives Oversight

Rising prices for basic commodities — including both agricultural and energy markets — underscore the need for greater oversight of the $600 trillion derivatives market, said the head of the Commodity Futures Trading Commission (CFTC).

March 28, 2011
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