Oil and Gas Fiscal Policies

Fiscal Policy Formulation and Implementation in Oil-Producing ...

Fiscal policymakers in oil-producing countries need to decide how expenditure can be insulated from oil revenue shocks, and the extent to which resources should ...

Oil and Natural Gas Fiscal Best Practices: Lessons for State and ...

Studies and regional examples show that governments could remove incentives or raise tax rates without harming production. Timing: Tax policies can introduce ...

4 Petroleum fiscal regimes in - IMF eLibrary

Petroleum fiscal regimes, for the purpose of this chapter, encompass taxation, contractual framework, state participation 2 and bonus payments.

Oil and Gas Fiscal Policies: The Impact of Oil Price, Investment, and ...

The objective of this paper is to analyze whether host governments might revisit their upstream fiscal regime following the crisis.

Fiscal policy in oil and gas-exporting economies: Good times, bad ...

With negative shocks the exchange rate depreciates, domestic prices increase, and governments may respond to inflation with tighter monetary or fiscal policy.

Fiscal Policy in Oil and Gas-Exporting Economies: Good Times, Bad ...

fiscal policy is procyclical to oil and gas revenue if there is a positive correlation between the variation of the oil and gas revenue gap and the variation.

What Do Local Governments Receive from Oil and natural Gas ...

Why Is Oil and Gas Fiscal Policy Important? Horizontal drilling and hydraulic fracturing technologies—or “fracking”—have led a resurgence in oil.

Public Revenue in Oil- and Gas-Producing Regions Dependent on ...

Not only will production levels vary across regions, but state and local fiscal policies will play a major role in determining which communities ...

A Guide to the Fossil Fuel Provisions of the Biden Budget

This provision allows certain independent oil and gas producers to deduct 15 percent of their gross income instead of the cost of resources ...

The fiscal impacts of increased U.S. oil and gas development on ...

Growing oil and gas production has increased local government revenues through a variety of mechanisms, including property taxes, sales taxes, severance taxes, ...

Fiscal Policy in Oil and Gas-Exporting Economies: Good Times, Bad ...

Revenues from oil and gas exports represent an important source of government budgets in some emerging countries. At the same time, ...

Oil and Gas Tax Preferences - CRS Reports

discusses broader tax policy issues of importance to the oil and gas sector. Oil and Gas Tax Preferences. Several features of the income tax ...

Oil and gas taxation in the United States - Deloitte

There are detailed netting procedures and recapture of deduction rules for capital gains and losses and gains and losses arising from the disposition of trade ...

2018 Comparative Analysis of the Federal Oil and Gas Fiscal Systems

Canada has adopted taxes and policies that target greenhouse gas ... This study compares the oil and gas fiscal systems by relying on measures ...

Petroleum fiscal regime - Wikipedia

The petroleum fiscal regime of a country is a set of laws, regulations and agreements which governs the economical benefits derived from petroleum ...

Comparative Assessment of the Federal Oil and Gas Fiscal System

The opinions, conclusions, or recommendations expressed in it do not necessarily reflect the view and policies of BOEM and. BLM, nor does mention of trade names ...

Fiscal policy in oil and gas-exporting economies: Good times

Using an unbalanced panel over the period 2000–2020, we find that fiscal policy is procyclical in general but neutral when confronted with high but declining ...

Review of the Oil and Gas Fiscal Regime: Terms of Reference

In the 2022 Autumn Statement, the Chancellor announced a review into the long-term fiscal regime for oil and gas to ensure the regime delivers ...

Oil and Gas Fiscal Policies: The Impact of Oil Price, Investment and ...

The coronavirus (COVID-19) pandemic and subsequent “Great Lockdown” have profoundly disrupted the oil and gas industry, causing a collapse in ...

Federal Climate Policy 108: The Oil and Gas Industry

These policies include eliminating tax rules that specifically benefit oil, gas, or coal producers, imposing a carbon tax on fossil fuel ...