Biden proposes tax increase on oil producers as recovery continues

Biden Proposes Tax Increase on Oil Producers as Recovery Continues

As two agencies recently reported an improving global economy has sparked optimism about improving demand for petroleum products, President Biden introduced his plan to increase taxes on oil and gas producers. Last week, the Energy Information Administration (EIA) at the U.S. Department of Energy predicted U.S. gross domestic product (GDP)…

Support OILWOMAN Magazine

Please Log In to view this content.

Not a subscriber? Please Subscribe here for unlimited access.

Author profile

Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts