TITLE

Senate Dems: Cut Oil Tax Breaks To Reduce Deficit

PUB. DATE
May 2011
SOURCE
Energy Daily;5/11/2011, Issue 90, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that a group of U.S. Senate Democrats have proposed to eliminate several tax breaks for oil companies, including ExxonMobil, Chevron, Shell, British Petroleum and ConocoPhillips, and use the funds to help reduce the federal deficit instead of the original proposal to apply the savings to alternative fuel development. The legislation was introduced by Senators Robert Menendez, Claire McCaskill, Jon Tester and Sherrod Brown. An overview of the proposal introduced by Senate Finance Committee Chairman Max Baucus is given.
ACCESSION #
61279494

 

Related Articles

  • Major Oil takes a slight dip.  // National Petroleum News;Mar2007, Vol. 99 Issue 3, p6 

    The article reports on the financial performance of corporations in the U.S. in 2006. Among of the oil companies whose earnings had changed in 2006 are Exxon Mobil Corp., Royal Dutch Shell PLC, Chevron Corp., ConocoPhillips Co., and British Petroleum Co. PLC (BP). According to Royal Dutch chief...

  • NO GUSHING FOR THESE GUSHERS. Lavelle, Marianne // U.S. News & World Report;11/21/2005, Vol. 139 Issue 19, p62 

    The article looks at how the top executives of the worlds five major oil companies recently met with Congress to discuss their multi-billion dollar profits. The author reviews how the executives of Exxon Mobil Corp., Royal Dutch/Shell Group of Cos., BP, ConocoPhillips Co. and Chevron Corp faced...

  • $98.7 billion.  // Green Futures;Jul2008, Issue 69, p6 

    The article reports on the $98.7 billion estimated aggregate cost spent by the seven largest oil companies on the pricier business of oil exploration and production worldwide. These seven companies includes Exxon Mobil Corp., Royal Dutch Shell PLC, BP, Total, Chevron Corp., ConocoPhilips and...

  • 5 Top Offshore Oil Companies and their Future Outlook.  // Offshore World;Dec2014, Special section p15 

    The article features the top five offshore oil companies worldwide. It provides brief overview of the key activities and offshore projects of Royal Dutch Shell PLC, Statoil ASA, Chevron Corp., Exxon Mobil Corp., and ConocoPhillips Co. It also mentions the financial performance of the said...

  • Interest Is Accelerating in Algae Biofuels as Fuel of the Future. Lyle, Amanda // BioWorld Today;11/17/2009, Vol. 20 Issue 222, p6 

    This article reports on the growing interest towards algae as a biofuel source in the renewable fuels industry. Royal Dutch Shell PLC, BP PLC and Chevron Corp. are some of the major oil companies involved in the algal-biofuels arena. Particular focus is given to algae's potential for high oil...

  • BP approves Greater Clair appraisal programme.  // World Energy News;4/2/2013, p6 

    The article announces that oil companies British Petroleum (BP), Shell, ConocoPhillips and Chevron will proceed with a two-year appraisal program for a third phase development at Clair Field in Scotland's Shetland Islands. The initial commitment is to drill five appraisal wells. The program's...

  • Service Stations Industry Profile: Canada.  // Service Stations Industry Profile: Canada;Jul2008, p1 

    Presents a profile of the Service Stations industry in Canada. Executive summary of the industry; Market overview; Market value; Market segmentation; Competitive landscape; Leading companies in the industry; Market forecasts; Demographics; Further reading.

  • Competitive Landscape.  // UAE Oil & Gas Report;Q4 2009, p46 

    The article presents information on the competitive landscape of the United Arab Emirates. The government-owned Abu Dhabi National Oil Company (ADNOC) is the dominant player in the upstream oil sector, comprising nearly half of the country's oil production and 36% of its refining capacity. The...

  • UAE Sees Oil Price 'Correction' By Year-End; Brent Tops $40. GILLIAN RICH // Investors Business Daily;3/7/2016, p1 

    The United Arab Emirates sees a "correction" in oil prices this year, according to reports Monday, as top OPEC and non-OPEC producers prepare to discuss freezing crude output.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics