President Obama’s State of the Union address laid out his long-term economic recovery plans, which he claims will “work for everyone, not just a wealthy few.” That is, unless it is the pipeline construction business. President Obama’s politically intoned decision to reject TransCanada’s permit application to construct a 1,700-mile pipeline… Read more

Two federal policies expired at the close of the year: the federal tax credit for blending ethanol into gasoline and a 54 cent-per-gallon tariff on imported ethanol. A diverse group of fiscal watchdogs, environmentalists, and free-trade proponents all hailed this as a major victory. While the tax credit and tariff… Read more

Targeted tax credits have become a popular and prevalent method for the government to award preferential treatment to certain energy industries. Over the past decade, the number of tax preferences for the production and consumption of government-picked energy technologies has expanded considerably.[1] This favored tax treatment acts as… Read more

Gas prices are above $3.60 per gallon nationally, the unemployment rate is hovering at 9 percent, and the country is $14 trillion in debt. Although it is not the be-all and end-all, there is a solution that would help lower energy prices, create jobs, and bring revenue into the financially… Read more

In his fiscal year (FY) 2012 budget request, President Obama proposed to end subsidies for oil companies by eliminating tax breaks, including accelerated depreciation options. A growing number of policymakers have echoed that call. Though the President’s anti-subsidy rhetoric is on track, there are several fundamental problems… Read more