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HomeTax

Tax

Oil Ministry
Crude Oil News

India’s Oil Ministry Wants Windfall Tax on Petroleum Products Abolished

August 12, 2024 Mariel Alumit

The Indian Oil Ministry has asked the country’s Finance Ministry to consider scrapping the windfall tax on petroleum products due to falling crude oil prices, India’s broadcaster ET Now reported exclusively on Monday, quoting sources. The oil […]

No tax on tips
Finance

‘No tax on tips’: House and Senate Republicans introduce bill to exempt tips from federal income tax

July 11, 2024 Mariel Alumit

The No Tax on Tips Act that would exempt tips from federal income taxes has been introduced in the House and Senate as of Tuesday. Sen. Ted Cruz (R-Texas), joined by Sens. Steve Daines (R-Mont.), […]

Oil and Natural Gas Industry
Crude Oil News

Oil and Natural Gas Industry Contributes $2.42 Billion in Taxes in 2023

June 27, 2024 Mariel Alumit

Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]

California
Big Oil Companies

California Seeks to Seize Big Oil Companies’ Profits in Climate Greenwashing Suit

June 21, 2024 Mariel Alumit

California Attorney General Rob Bonta announced on Monday that the state would seek to seize the “illegally obtained profits” of several big oil companies, as part of an amended lawsuit claiming that the companies falsely […]

shipping pollution
Climate Crisis

Clearing the air on shipping pollution and climate change

June 20, 2024 Mariel Alumit

Dr Sian Prior, lead advisor to the Clean Arctic Alliance, reacts to recent news headlines that cutting shipping pollution contributes to a more extreme global temperature rise. She provides scientific context for these reports, and argues that […]

Senator Ted Cruz
Energy Policy

Senator Ted Cruz Introduces Bill to Repeal Biden’s Natural Gas Tax

June 5, 2024 Mariel Alumit

U.S. Senator Ted Cruz introduced legislation to repeal the natural gas tax included in the Biden administration’s Inflation Reduction Act, a release posted on Cruz’s website recently announced. Rigzone asked the Cruz camp what effect […]

California
Energy Policy

California’s energy policies are using its population as sacrificial lambs

June 3, 2024 Mariel Alumit

California is obsessed with the concept that JUST electricity from wind turbines and solar panels can replace fossil fuels. The state’s policymakers are oblivious to the reality that wind and solar can ONLY generate “electricity” […]

FERC
Regulations

FERC transmission order “gift” to solar and wind

June 3, 2024 Mariel Alumit

The Federal Energy Regulatory Commission (FERC) issued a “watershed transmission planning” order [this month] that would force the costs of state renewable energy mandates onto consumers in other states. While couched in language about grid […]

Gas
Electric Vehicles

Guess Which State Is Exploring Replacing Gas Taxes With Surveillance

May 23, 2024 Mariel Alumit

One of the benefits of buying an EV is saving money by ditching trips to the gas pump in favor of a plug either at home (usually affordable) or at a public charging station (at […]

California
Electric Vehicles

Thursday’s Energy Absurdity: In California, the tax-per-mile ‘conspiracy theory’ becomes reality

May 23, 2024 Mariel Alumit

For several years now, boosters of the failing energy transition have publicly dismissed critics who have speculated that their ultimate goal where transportation is concerned is not merely to shift private car owners to adopt […]

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