Industry Insider

08.25.16

Energy and Taxes

America's oil and natural gas industry supplies tens of millions of dollars a day to the U.S. Treasury in the form of income taxes, rents, royalties and other fees. That adds up to more than $30 billion a year.

 

06.17.16

Energy Profile of all US States

Interactive map from US Energy Information Administrations showing the energy production, consumption and expenditures of every state.

 

05.26.16

U.S. Energy Mapping System

This map, produced by the U.S. Energy Information Administration (EIA), uses layers to provide visuals of many energy resources across the country.

 

04.20.16

Where Fossil Fuels Come From

There are three major forms of fossil fuels: coal, oil and natural gas. All three were formed many hundreds of millions of years ago before the time of the dinosaurs - hence the name fossil fuels. The age they were formed is called the Carboniferous Period. It was part of the Paleozoic Era. "Carboniferous" gets its name from carbon, the basic element in coal and other fossil fuels.

 

02.16.16

What is Petroleum

Oil and natural gas together make petroleum. Petroleum, which is Latin for "rock oil," is a fossil fuel, meaning it was made naturally from decaying prehistoric plant and animal remains. It is a mixture of hundreds of different hydrocarbons molecules containing hydrogen and carbon that exist sometimes as a liquid (crude oil) and sometimes as a vapor (natural gas).

 

06.12.12

The Economic Benefits Of Offshore Drilling To South Carolina

The South Carolina Energy Forum, with the Palmetto Agribusiness Council and South Carolina Citizens for Sound Conservation released a study, conducted by Miley and Associates, Inc, that reviewed the economic impact of offshore drilling to the state.

 

07.25.11

Tax Changes Not What They Seem

The Administration's proposed tax changes on the oil and natural gas companies are purported to raise revenue. However, in a recently published study, Louisiana State University Professor Joseph Mason indicates these tax changes would result in lost economic output, lost jobs and reduced tax revenues.

 

07.15.11

The Offshore Leasing Process

There are a myriad of steps that can take upwards of 10 years to lease, explore and develop our rich oil and natural gas resources -- once the area is available to be leased, which in the current Administration's timeline is after 2017.