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New Legislation Would Close Loopholes to the Oil and Gas Industry


NYS Legislators Introduced New Bill to Ban CO2 Drilling & Fracking ...

NYS legislators announced their introduction of a bill (S8357 /A8866) to prohibit using carbon dioxide to drill and extract natural gas and ...

The case for public ownership of the fossil fuel industry

The US government should assert long-term ownership and control over fossil fuel companies to safeguard long-term economic security for workers.

California Oil Town Chose a Firm with Oil Industry Ties to Review ...

Signal Hill Petroleum spent millions to overturn California's landmark law protecting neighborhoods from oil drilling. Now it wants to drill ...

Nigeria's Petroleum Industry Act: Addressing old problems, creating ...

The PIA overhauls the regulation and governance of the oil and gas industry. The law provides for two regulatory agencies—the Nigerian Upstream ...

Oil and Gas Industry Loopholes Targeted By Congress

Matthew Cartwright (D-PA) would close a Clean Water Act loophole. Drilling rig. (iStockphoto). “For far too long, the oil and gas industry ...

FACT SHEET: The President's Budget Cuts Taxes for Working ...

Since taking office, President Biden has fought to build a fairer tax system that rewards work, not wealth; asks the wealthiest Americans ...

Republicans open to closing oil sands 'loophole' - POLITICO Pro

A new Senate bill aimed at offsetting looming spending cuts takes a much narrower approach to generating more tax revenue from the industry.

EPA Proposes Massive, “Unconscionable” Two-Year Loophole for ...

The EPA announced tonight that it is proposing a massive loophole in common sense air pollution safeguards for the oil and gas industry.

The windfall tax was supposed to rein in fossil fuel profits. Instead it ...

Loophole in energy profits levy will hand oil and gas companies up to £18bn over next three years.

Angola - Oil and Gas - International Trade Administration

Angola holds abundant untapped oil and gas resources estimated at 9 billion barrels of proven crude oil reserves and 11 trillion cubic feet of proven natural ...

Fracking in the United States: 10 Key Questions

Fracking is a method of oil and gas production that involves blasting huge amounts of water — mixed with sand and toxic chemicals — under high pressure deep ...

Address to the Nation on Tax Reform - May 1985 | Ronald Reagan

Specifically, I want to talk about taxes, about what we must do as a nation this year to transform a system that's become an endless source of ...

What Is Killing the US Coal Industry?

Many Republicans have blamed environmental regulations enacted during the Obama administration for the decline of the country's coal industry.

Regulatory Reforms - Bureau of Ocean Energy Management

The most aggressive and comprehensive reforms to offshore oil and gas regulation and oversight in US history were launched.

The impossible love of fossil fuel companies for carbon taxes

I analyse how the 100 largest oil and gas companies communicate on carbon taxes. Surprisingly, I find that 54% of companies that have a policy on carbon taxes ...

Oil and Gas Industry Initiatives | Federal Trade Commission

The Federal Trade Commission maintains competition in the petroleum industry, and has invoked all the powers at its disposal – including the investigation ...

Russian oil getting into UK via refinery loophole, reports claim - BBC

A so-called "loophole" means Russian crude is refined in countries such as India and the products sold to the UK. This is not illegal and does not breach the ...

Rep. Omar and Sen. Sanders Introduce Legislation to End ...

WASHINGTON, – As American taxpayers foot the $17 billion annual bill in direct federal subsidies to the fossil fuel industry – while facing ...

The US moves to fix a sanctions loophole - and further support Ukraine

Since last summer, we've been reporting on the “refining loophole” in countries that have banned Russian oil.

How the U.S. Oil and Gas Industry Works

The country's economy runs on these fossil fuels, but producing and burning them releases greenhouse gas emissions that cause climate change.