Tax

Obama’s $10 a barrel oil tax to fund clean transportation system is bad idea, worse policy

Let market develop new transportation technologies – like self-driving cars – to create clean transportation system President Barack Obama has picked a very odd time to float a very bad idea: A $10 a barrel tax on American oil production, intended to finance a “21st century clean transportation system.” Obama has no illusions the measure, […]

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SEC disclosure proposal ‘could harm’ US oil and gas producers – API

Proposed SEC rule requires publicly traded energy firms to release payment info that could be commercially sensitive A new rule on disclosure requirements for America’s oil and natural gas industry proposed by the U.S. Securities and Exchange Commission could harm US competitiveness while possibly weakening a decade-old effort to implement payment transparency programs worldwide, according to

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