The short answer is no, according to the American Petroleum Institute. The API compared oil and gas to other industries in terms of profit margin and effective tax rate. The oil and gas industry-wide profit margin is 7.3%, which is lower than manufacturing (8.6%), computers and peripherals (9.7%), pharmaceuticals (16.0%) and beverage and tobacco
American Petroleum Institute
Isaiah’s Prophecy Fulfilled by . . . the EPA?
By Charles Sartain on
Posted in Energy Policy
What Can the Energy Industry Expect from the President’s Second Term?
By Charles Sartain on
Posted in Energy Policy, Environmental Policy
It is better to stop a bad law than pass a good one. Calvin Coolidge.
Is Washington listening to Silent Cal?
This post is about what the energy industry- oil and gas in particular – might expect from the Administration in its second term. Disclaimer: I dont sponsor any of these predictions. The authors know…