Impact of Treasury Department's Tax Reform Proposal on Oil and Gas Industry: Hearing Before the Committee on Energy and Natural Resources, United States Senate, Ninety-ninth Congress, First Session ... Oklahoma City, OK, February 15, 1985
U.S. Government Printing Office, 1985 - Electronic books - 343 pages
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activity additional allowance American amount Association average BANK barrels believe benefits capital Chairman changes Commission Committee companies concerned Congress considered continue corporate crude oil decline dependence domestic economic effect elimination energy energy industry estimated existing expenditures expensing exploration fact February federal foreign funds future gas industry going impact important incentives income income tax increase independent intangible drilling costs interest investment investors Kerr-McGee less limited partnerships loss major million natural gas Natural Resources oil and gas Oklahoma operations percent percentage depletion period petroleum present President production profit reduce repeal represent reserves result risk royalty Senator Nickles sources statement supply tax proposals tax rate tax reform Texas Thank Treasury Department Treasury proposal Treasury's United Washington
Page 59 - This option applies to all expenditures made by an operator for wages, fuel, repairs, hauling, supplies, etc., incident to and necessary for the drilling of wells and the preparation of wells for the production of oil or gas.
Page 237 - Secretary US Department of Energy 1000 Independence Avenue, SW Washington, DC 20585 Dear Sec Hodel : I am writing to introduce the Fuel Cell users Group of the Electric Utility Industry, Inc.
Page 197 - The nation's economic welfare and security require a policy on petroleum imports which will encourage exploration and development efforts in the domestic industry and which will make available a maximum supply of domestic oil to meet the needs of this nation. The availability of petroleum from domestic fields produced under sound conservation practices, together with other pertinent factors...
Page 324 - Economic Recovery Tax Act of 1981 Tax Equity and Fiscal Responsibility Act of 1982...
Page 6 - severe crippling of the domestic oil and gas industry." We are confident that these views will be recognized. The Energy Department is quite concerned that the Treasury's tax proposal could have adverse effects on businesses involved in oil and gas exploration, production and development.
Page 10 - An adequate domestic supply of oil and natural gas is vital to the national security and economic wellbeing of the United States.
Page 236 - ... JAMES M. MORRISON, J. WALDO POND, The Finance Commission. SECOND COMMUNICATION TO THE CITY COUNCIL in relation to AN ADDITIONAL LOAN FOR THE CONSTRUCTION OF HIGHWAYS. BOSTON, October 7, 1921. To the Honorable the City Council: GENTLEMEN, — The Finance Commission has received from your honorable body a copy of a letter from the chairman of the Board of Street Commissioners of the City of Boston commenting upon the Finance Commission's Report to your honorable body under date of September 23,...
Page 307 - ... binds the partnership, unless the partner so acting has, in fact, no authority to act for the partnership in the particular matter, and the person with whom the partner is dealing has knowledge of the fact that the partner has no such authority.