Petroleum Independent articles from November 1990

Petroleum Independent archives from November 1990

Chairman's column. (Independent Petroleum Association of America lobbying and surveys) (column)
November 1, 1990... CHAIRMAN'S COLUMN The efforts of the Independent Petroleum Association of America are challenging and rewarding, but the rewards are sometimes lost in the revolving door of challenges. For example, Sen. Bob Packwood's short-lived attempt...

Natural gas forecast.
November 1, 1990... Natural Gas Forecast Since 1936 the Supply and Demand Committee of the Independent Petroleum Association of America has published a semi-annual oil forecast, which is widely considered the most respected short-term industry forecast in the...

Denise A. Bode, IPAA president. (Independent Petroleum Association of America)
November 1, 1990... Denise A. Bode, IPAA President Independent Petroleum Association of America Chairman C. Paul Hilliard announced on October 30 the appointment of Denise A. Bode as the association's new president. She is the first woman president of the...

Senate bill would change U.S. rate designs. (natural gas)
November 1, 1990... Senate Bill Would Change U.S. Rate Designs To correct a growing problem in the natural gas marketplace--the artificial competitive advantage given to imported natural gas due to differential rate design between Canadian and U.S.pipelines-- I...

Dallas: IPAA '90 annual meeting sees cautious outlook; independents wait for a national energy strategy. (Independent Petroleum Association of America; includes related industry outlook sections)
November 1, 1990... DALLAS Committee reports from the Independent Petroleum Association of America's annual meeting emphasize the critical role played by federal tax and regulatory policies to encourage domestic energy exploration and production and to enhance...

Nonconventional fuel credit extended and clarified. (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... Nonconventional Fuel Credit Extended and Clarified Independent producers who own properties that qualify for the nonconventional fuels source credit (Section 29) have reason to celebrate as the result of good news coming out of Washington,...

Windfall Profits Tax refund opportunities available as a result of Transco Exploration Co. decision. (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... Windfall Profits Tax Refund Opportunities Available As a Result Of TRansco Exploration Co. Decision Although the windfall profit tax on domestic crude oil was repealed in 1988, a recent Tax Court case presents a potential refund opportunity...

Opportunities remain for tax partnerships in oil and natural gas exploration. (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... Opportunities Remain for Tax Partnerships in Oil and Natural Gas Exploration The "tax partnership" has been, and continues to be, a useful form in which to conduct oil and gas exploration and production activities. Although there are...

The overlooked expense. (state and local taxes) (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... The Overlooked Expense The Iraqi invasion of Kuwait on August 2, sent the world crude oil market into a frenzy. The price for West Texas Intermediate futures for September delivery rose from $20 per barrel to $28 within a week. By October,...

An alternative form of financing: advance payments on natural gas. (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... An Alternative Form of Financing In order to secure future supplies of gas, utilities and other major consumers are inceasingly willing to enter long-term gas supply contracts (typically five to seven years) whereby the producer receives a...

The "pool-of-capital" doctrine & planning alternatives. (special section: Section 29, Windfall Profits Tax, partnerships, state & local taxes)
November 1, 1990... The "Pool-of-Capital & Doctrine & Planning Alternatives The increase in oil prices related to recent events raises the prospect of increased future exploration activity. As exploration activity increases, it is appropriate to reexamine...