Oil exec warns taxes could sink US energy rebirth (via
AFP)
A top US oil industry figure warned Tuesday that the country’s energy renaissance could be threatened by “punitive” tax policies on oil and gas exploration. With the US government looking to remove tax breaks for big oil firms to help boost government revenues, Jack Gerard, the head of the American…
oil, Gerard, oil industry, Washington to pursue policies favorable to energy, energy production, tax, environmental groups, oil industry figure, big oil firms, XL oil pipeline, American Petroleum Institute, domestic energy production, Jack Gerard, key tax measures, major policy battles, gas, State Department approval, offshore drilling rig, Shell, large oil, tax policies, tax breaks, oil production, gas exploration, government revenues, energy renaissance, tax deductions, luncheon speech, gas companies, tax proposals, gas industry, latest rumblings, fair share, policy makers, fiscal issues, important thing, weak economy, gas wells, Kulluk rig, adequate oversight, preparatory work, North America, natural resources, bright spot, new jobs, small communities, news conference, White House, Mexico coast, recent problem
Return to Home Page
Oil image courtesy of num_skyman
