Oil

The Long Game A Technical Tax Change to Boost American Energy ProductionThe Long Game A Technical Tax Change to Boost American Energy Production.pdf301 KBdownload-circle Introduction Since its inception in 1916, the Intangible Drilling Cost (IDC) tax deduction has been an important policy tool for fostering drilling innovation and productivity.

Summary The post-pandemic period was marked by global forces that raised inflation across all developed economies. Dominant explanations of inflation should be of a similarly global character. Policy discussions that reckon with counterfactuals and explainable magnitudes must go beyond nation-specific policies and dynamics. While local policies always shape inflation outcomes

A “Strategic Resilience Reserve” (SRR) could follow the model of the Federal Reserve’s efforts to address financial stability risk: aiming to prevent crises, and reducing harm when they occur.

Introduction On Friday, the Biden Administration announced that its October solicitation for crude oil had successfully closed with the acquisition of 2.7 million barrels of oil for delivery in January 2024, while simultaneously announcing a new 3-million-barrel solicitation for delivery in February. When DOE announced its strategy to open

This is the third piece in a joint series by Employ America and the Institute for Progress examining the potential to commercialize next-gen geothermal energy, the lessons we might learn from the shale revolution, and the federal policy changes needed to make it happen.

This is the second piece in Hot Rocks: Commercializing Next-Generation Geothermal Energy, a joint series by Employ America and the Institute for Progress, examining the potential to commercialize next-generation geothermal energy, the lessons we might learn from the shale revolution, and the federal policy changes needed to make it happen.

This piece is part of Hot Rocks: Commercializing Next-Generation Geothermal Energy, a joint series by Employ America and the Institute for Progress, examining the potential to commercialize next-generation geothermal energy.

Introduction Oil markets have always been a geopolitical concern. Widening crack spreads (reflecting a tighter market) suggest that the emphasis today may be on the “geo,” rather than the “political”, as specific grades of oil—heavy or light, sweet or sour—are associated with specific geographies complicating the overall petroleum