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$97M tax break for oil companies in Louisiana halted - Vimarsana News

$97M tax break for oil companies in Louisiana halted

For the fifth time, a Louisiana lawmaker has introduced legislation to try to reduce the tax that fossil fuel firms pay on oil they produce in the state. The original

Source: ktbs.com
Effort to Give Oil Companies $97 Million Tax Break in Louisiana Halted - Vimarsana News

Effort to Give Oil Companies $97 Million Tax Break in Louisiana Halted

The latest vote was postponed after state senators considered shoring up the budget with a natural gas tax.

Source: desmog.com
14,000 Abandoned Oil and Gas Wells in the Gulf of Mexico Are Spewing Methane - Vimarsana News

14,000 Abandoned Oil and Gas Wells in the Gulf of Mexico Are Spewing Methane

Plugging these wells could cost up to $30 billion, according to a new study.

A day after delaying all incentives, Louisiana Republicans advance tax breaks for oil industry - Vimarsana News

A day after delaying all incentives, Louisiana Republicans advance tax breaks for oil industry

Republican lawmakers abandoned their cautious approach to tax incentives Wednesday and advanced a bill that would cost the state and parish governments millions in oil severance revenues.

US retail electric CEOs hope for 'boring' 2023, but experts differ on volatility outlook - Vimarsana News

US retail electric CEOs hope for 'boring' 2023, but experts differ on volatility outlook

Shocks to US competitive retail power markets have increased frequency in recent years, but executives expressed hope that 2023 would prove to be boring in a good way. Experts on March 24 differed on