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2016-06-16 18:20:00

U.S. NEED MORE MONEY

U.S. NEED MORE MONEY

 

USA OIL PRODUCTION JAN 2014 - 2017

 

Washington, June 14, 2016 - according to API, at today's Senate Finance Committee hearing titled "Energy Tax Policy in 2016 and Beyond," a suggestion to raise taxes on energy and pick winners and losers in the marketplace is backward-facing and could threaten America's energy revolution and harm consumers, according to API Executive Vice President Louis Finkel.

"America's oil and natural gas industry pays some of the highest tax rates among U.S. businesses, generating billions of dollars every year in revenue for the federal government. Instead of calling for higher taxes that discourage domestic production, policymakers should follow pro-development energy policies that create jobs, improve our broken and outdated tax code, and help our nation provide affordable and reliable energy for consumers.

"We need tax policies that encourage investment in America's abundant energy resources. It is because of our industry's investments that the U.S. is the number one producer of oil and natural gas in the world while leading other countries in lowering carbon and other emissions. The industry also invests billions in low- and zero-emissions technologies to continue to drive down greenhouse gas emissions. This model has proven that we can protect the environment, grow our economy, and save consumers on average $1300 in energy costs per year.

"A strong domestic oil and natural gas sector provides hundreds of thousands of workers with well-paying jobs and indirectly supports millions of additional jobs. By embracing America's energy renaissance, we embrace America's role as an energy super power – and any changes to the tax code should support this."

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Earlier: 

U.S. OIL PRODUCTION DOWN 118 TBD 

U.S. RIGS UP 6 

U.S. BANKRUPTCY & BUBBLES 

U.S. WANT YOUR MONEY AGAIN - 2 

U.S. OIL PRODUCTION DOWN 5.4% 

U.S. INVENTORIES DOWN 4.2 MB 

U.S. WERE THE LARGEST

 

 

Tags: USA, OIL, GAS, PRICE, PRODUCTION

Chronicle:

U.S. NEED MORE MONEY
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

U.S. NEED MORE MONEY
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

U.S. NEED MORE MONEY
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

U.S. NEED MORE MONEY
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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