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Hometax

tax

Windfall Tax
Finance

Sunak Stands Firm on UK Oil Windfall Tax

June 24, 2022 Mariel Alumit

UK Chancellor of the Exchequer Rishi Sunak remained committed to his windfall tax on oil and gas profits despite protests from industry executives during their first meeting since the announcement. Sunak, who said last month […]

UK
Energy Policy

Signs of windfall tax damage to UK industry emerging, says Offshore Energies UK

June 22, 2022 Mariel Alumit

The UK government’s new windfall tax, imposed on companies supplying the nation’s oil and gas, may already be undermining the major investments need to keep Britain’s lights on, Offshore Energies UK has warned. It follows […]

Gas station in New York -NYT
Commodities

Biden Will Push Congress for a Three-Month Gas Tax Holiday

June 22, 2022 Stu Turley

President Biden plans to call on Congress on Wednesday to temporarily suspend the federal gas tax, an effort to dampen the soaring fuel prices that have stoked frustration across the United States. During a speech on […]

International News

Shell: ‘We understand worry for millions – but windfall tax creates uncertainty’

May 28, 2022 Stu Turley

Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost of living it will creates “uncertainty” about investment. This follows Chancellor Rishi Sunak announcing a so-called Energy […]

California Is Gearing Up to Win a Darwin Award
Top News

California Is Gearing Up to Win a Darwin Award

May 10, 2022 Mariel Alumit

Utopian energy fantasies are turning California (CA) into a dystopian nightmare. CA’s energy policies amount to a bold suicide plan worthy of a collective Darwin award. Traditional Darwin Awards honor people who improve the human […]

Finance

Ukraine controls petrol prices to fight inflation

May 12, 2021 Andy Del Prado

KYIV: Ukraine has imposed control on retail petrol and diesel fuel prices in an attempt to halt rising inflation, the government said on Tuesday. The oil products were added to the list of socially important goods and retailers must […]

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