scholarly journals The Impact of Removing Tax Preferences for US Oil and Natural Gas Production: Measuring Tax Subsidies by an Equivalent Price Impact Approach

2018 ◽  
Vol 5 (1) ◽  
pp. 1-37 ◽  
Author(s):  
Gilbert E. Metcalf
Author(s):  
Dr Sumanta Bhattacharya

Abstract: We require ample amount of crude oil and natural gas for a number of activities starting from industrial to mining , from the production of plastic and running of vehicles and cooking gas . India because of its minimum production and maximum dependency on import, Indian citizens have to pay more price of 1 litre of petrol or diesel in India , with 85% imports , the economy of India is at risk. The government has allowed more drilling and exploration to increase the production and reduce the imports, it has allocated billions for LNG , Natural gas production with FDI is allowed 100% . The government has announced new project for oil and natural gas production . India needs to reduce its import along with that with adopting of non renewable energy our dependences of crude oil will also reduce , with rising demand , India will be the largest consumer of crude oil by 2040 , so along with production we need to adopt sustainable living and reduce our depends on crude oil for reduce the impact of climate change , all measure have been taken to eliminate the use of crude oil for a number of products , so soon India will be able to minimize its production rate and import . Keywords: Crude oil, natural gas, LNG, petrol, diesel, fossil fuels, non renewable energy, consumer, production


Author(s):  
Danny M. Adkison ◽  
Lisa McNair Palmer

This chapter examines Article IX of the Oklahoma constitution, which concerns the powers, limits, and regulation of corporations. The prodigious length of the article reflects the importance of corporations in the economic life of Oklahoma, and the determination of the framers to bring them under regulatory control, to the point of micromanagement. Concern about discriminatory rates charged by railroads and pipelines was foremost, but the authority conferred by Article IX is broad enough to allow the legislature to regulate a variety of other enterprises as well, including electric, gas, and water companies; oil and natural gas production; and conservation, cotton gins, motor carriers, telephone and telegraph lines; and even ice plants. The framers borrowed freely from the constitutions and statutes of other states—especially the Virginia constitution, the Texas constitution, and the Texas Railway Act—as models for Article IX. Whole sections were often copied verbatim. Moreover, often competing strains of waning Populism and rising Progressivism of the early 1900s pervade this article.


1993 ◽  
Vol 11 (6) ◽  
pp. 569-580
Author(s):  
Rodolfo Navarro Penilla

This general out line for Petroleos Mexicanos describes the natural gas production and processing in Mexico, and the influence that natural gas products and condensate have on petrochemicals production. Since about 80% of natural gas production comes from the off-shore oil-fields in the Gulf of Campeche and from the in-land oil fields of the Chiapas-Tabasco mesozoic region, the Petroleos Mexicanos four largest natural gas processing centres are located in the south-east part of Mexico: Cactus, Nuevo Pemex, Ciudad Pemex and la Venta petrochemical complexes. The first one is located in Chiapas and the others in Tabasco. The impact of natural gas processing over the basic and secondary petrochemical industries is shown through its growing and sustained development since Mexico increased its natural gas availability.


2020 ◽  
Author(s):  
David R. Lyon ◽  
Benjamin Hmiel ◽  
Ritesh Gautam ◽  
Mark Omara ◽  
Kate Roberts ◽  
...  

Abstract. Methane emissions associated with the production, transport, and use of oil and natural gas increase the climatic impacts of energy use; however, little is known about how emissions vary temporally and with commodity prices. We present airborne and ground-based data, supported by satellite observations, to measure weekly to monthly changes in total methane emissions in the United States’ Permian Basin during a period of volatile oil prices associated with the COVID-19 pandemic. As oil prices declined from ~$ 60 to $ 20 per barrel, emissions changed concurrently from 3.4 % to 1.5 % of gas production; as prices partially recovered, emissions increased back to near initial values. Concurrently, total oil and natural gas production only declined by a maximum of ~10 % from the peak values seen in the months prior to the crash. Activity data indicate that a rapid decline in well development and subsequent effects on associated gas flaring and midstream infrastructure throughput are the likely drivers of temporary emission reductions. Our results, along with past satellite observations, suggest that under more typical price conditions, the Permian Basin is in a state of overcapacity in which rapidly growing natural gas production exceeds midstream capacity and leads to high methane emissions.


2020 ◽  
Vol 20 (2020) ◽  
pp. 521-522
Author(s):  
Frederico Santos Machado ◽  
Mauro César Pinto Nascimento ◽  
Jorge Eduardo Santos Paes ◽  
Ivanil Ribeiro Cruz ◽  
Orlando Soares Dias ◽  
...  

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