Petroleum Independent articles from January 1992

Petroleum Independent archives from January 1992

Making our case on an industry-killing tax. (Editorial)
January 1, 1992... "Our industry is in a state of collapse and America's independent oil and gas produces demand the right to deduct our legitimate business expenses just like any other small business owner can do..." These are the words of Denise Bode,...

IRS issues proposed guidance: qualifying for enhanced oil recovery credit.
January 1, 1992... In 1990, Congress enacted a 15 percent tax credit for the qualifying costs of enhanced oil recovery (EOR) projects. The Internal Revenue Service promised that guidance on the EOR credit would be available by end of 1991 and sure enough, on Dec....

Jobs, jobs, jobs - where are they? American producers await Washington's answer.
January 1, 1992... Growing up in the oilpatch, one quickly learns it takes all sorts of people to get the job done. I learned early in my working life that oilpatch people work long and hard and go home at night bone tired, but with a sense of accomplishment and...

The Washington report. (oil import vulnerability study)
January 1, 1992... In a Jan. 13 letter to congressional leaders Gene Ames Jr., chairman, Independent Petroleum Association of America, urges prompt action on the recent Office of Technology Assessment (OTA) report that has raised concerns about the United States'...

AMT - the target for tax reform. (alternative minimum tax)
January 1, 1992... In a series of recent meetings with key members of Congress and top officials of the Bush administration, the Independent Petroleum Association of America has stepped up its efforts to eliminate the alternative minimum tax preference treatment...

IPAA tells the independent story. (Independent Petroleum Association of America)
January 1, 1992... Last year was a year of dramatic events, a year to remember, in which the attention of the American public, the Congress and the news media focused largely on two distinct yet different events: the crisis in the Persian Gulf and explosive...

Expanded industry data supports independents.
January 1, 1992... For the early months of 1991, IPAA's Information Services Department could consider itself a veteran of the Persian Gulf war. The conflict brought a wave of queries from members, the media, government, and academia. As always, reliable...

Fighting for a balanced approach. (environmental protection)
January 1, 1992... In 1991, the Independent Petroleum Association of America lobbied aggressively for a balanced approach to environmental concerns, especially in the area of waste disposal (the Resource Conservation and Recovery Act - RCRA), spill control (SPCC...

The troops at the front. (IPAA senior staff)
January 1, 1992... Denise Bode, president - Denise is the first woman president of the Independent Petroleum Association of America since its establishment in 1929. She became president and top staff member of the association on Feb. 1, 1991. Denise is a...

Veteran oilman leads IPAA. (Eugene L. Ames Jr.)
January 1, 1992... Eugene L. Ames Jr., president of Venus Oil Co., San Antonio, and since October 1991 chairman of the Independent Petroleum Association of America, was educated at the University of Texas, where he earned a B.S. degree in Geology in 1955. ...

New membership services for 1992.
January 1, 1992... The Independent Petroleum Association of America has implemented two new programs for members: discounts on long-distance telephone charges, and an IPAA MasterCard with unlimited credit. "IPAA's Telecommunications Network gives a members a...

Key U.S. industry at survival crossroad.
January 1, 1992... Everyone is concerned about the sluggish economic recovery and whether the economy will dip back into another recession. One suggestion put forth for solving the problem is to let world oil prices drop by at least $5 per barrel. This suggestion...

Membership growth is everyone's business.
January 1, 1992... Imagine a business with hundreds of branch offices through out the country. Think of thousands of employees - each with years of top management experience. Our association's membership is that business, and our regional vice presidents are the...

Profile of independent producers. (Special Supplement )
January 1, 1992... The characteristics of the U.S. independent oil and gas industry that have made it a reliable source of energy supplies for the past century have been confirmed in a recent profile survey of independents conducted by the Independent Petroleum...