Oil Company Subsidies?
January 25, 2013 | ExxonMobil Perspectives
A short article by Ken Cohen, Vice President of Public and Government Affairs at Exxon Mobil, explains why he does not believe that the United States government is subsidizing the oil industry. A quote from the article.... "At times, the industry is actually sending more to local, state and federal governments in taxes and fees than what it earns in the United States."
Giving States a Cut of Offshore Oil Revenue
July 15, 2013 | TheHill.com
"Senate legislation introduced Wednesday would for the first time award money to all coastal states for energy produced off their shores." Quoted from "TheHill.com"
Raising Severance Taxes in Ohio
January 14, 2013 | BizJournal
John Kasich, Governor of Ohio, would like to raise severance taxes on extraction of oil and natural gas from the Utica Shale. This article interviews an oil and gas lobbyist about raising severance taxes to fund a state income tax reduction.