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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.”


  Related Stories

Drilling Impact Fees vs Severance Taxes
August 9, 2013 | Law.com
An article on Law.com explores the differences between impact fees and severance taxes on natural gas producers working in Pennsylvania's Marcellus Shale.

China’s State-Owned Coal Company to Partner in the Marcellus
February 23, 2014 | FuelFix
China Shenhua Energy Company is controlled by the Chinese government and is the second largest coal company in the world. They plan to partner with Energy Corporation of America to drill Marcellus Shale wells in Greene County, Pennsylvania.

Illinois Severance Taxes and Drilling Fees?
March 19, 2013 | ShaleReporter.com
An article in the ShaleReporter reviews proposed drilling fees and a severance tax on wells that will use hydraulic fracturing to tap the New Albany Shale and similar rock units in Illinois.


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