Focus on Energy and Environment
By BRUCE BARTLETT,
Posted: May 12, 2011
On May 12, the Senate Finance Committee held a hearing on tax incentives for oil and gas production.
On May 11, the Center for American Progress published an analysis of taxes paid by ExxonMobil in recent years and found that its effective federal tax rate is less than that of the typical American.
Also on May 11, the House Committee on Science, Space, and Technology held a hearing on hydraulic fracturing technology, a process used to get natural gas from deep earth sources.
And on May 11, Senate Majority Leader Harry Reid proposed limiting tax subsidies for oil and gas companies in order to reduce the deficit.
On April 14, the Congressional Research Service published a report on energy tax issues in the 112th Congress.
On April 7, Americans for Tax Reform denounced efforts to eliminate energy subsidies from the tax code.
A March 14 Gallup poll found that concerns about global warming have declined.
Also on March 14, the Congressional Research Service published a report on Tsunami programs in the U.S.
On March 11, the CRS published a report on operation of the Strategic Petroleum Reserve.
On March 4, the CRS issued a report on litigation related to closing the Yucca Mountain nuclear waste repository.
Also on March 4, the CRS published a report on a proposal to build a new oil pipeline from Canada to the U.S.
I last posted items on this topic on March 9.
Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column at The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday, 2006).