Comparing relative profit: American oil and gas companies - GoHaynesvilleShale.com2024-03-29T14:38:10Zhttps://gohaynesvilleshale.com/forum/topics/comparing-relative-profit?feed=yes&xn_auth=nohttp://news.yahoo.com/s/nm/20…tag:gohaynesvilleshale.com,2011-05-10:2117179:Comment:18985112011-05-10T02:49:23.755Zessayhttps://gohaynesvilleshale.com/profile/essay
<p><a rel="nofollow" href="http://news.yahoo.com/s/nm/20110510/bs_nm/us_markets_global" target="_blank">http://news.yahoo.com/s/nm/20110510/bs_nm/us_markets_global</a></p>
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<p>crude oil margin hike? big news for the sector. pretty broad implications esp for "weak handed speculators." it's a little interesting to me that the announcement comes on the heels of a slight bounce after an ~8% downdraft</p>
<p><a rel="nofollow" href="http://news.yahoo.com/s/nm/20110510/bs_nm/us_markets_global" target="_blank">http://news.yahoo.com/s/nm/20110510/bs_nm/us_markets_global</a></p>
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<p>crude oil margin hike? big news for the sector. pretty broad implications esp for "weak handed speculators." it's a little interesting to me that the announcement comes on the heels of a slight bounce after an ~8% downdraft</p> Not if the price is dropping.…tag:gohaynesvilleshale.com,2011-05-05:2117179:Comment:18921382011-05-05T21:17:12.533ZMaxhttps://gohaynesvilleshale.com/profile/Max
<p>Not if the price is dropping. </p>
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<p>Maybe Big Oil lubed that squeaky door. lol</p>
<p>Not if the price is dropping. </p>
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<p>Maybe Big Oil lubed that squeaky door. lol</p> oil really got smacked down t…tag:gohaynesvilleshale.com,2011-05-05:2117179:Comment:18920282011-05-05T20:45:58.950Zessayhttps://gohaynesvilleshale.com/profile/essay
<p>oil really got smacked down today, almost $9.50 for cushing and over $10.50 for brent. NG got whacked too along with many other commodities with USD strength leading the way, along with many other factors at play of course.</p>
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<p>maybe we should investigate?</p>
<p>oil really got smacked down today, almost $9.50 for cushing and over $10.50 for brent. NG got whacked too along with many other commodities with USD strength leading the way, along with many other factors at play of course.</p>
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<p>maybe we should investigate?</p>
http://politicalcalculatio…tag:gohaynesvilleshale.com,2011-05-04:2117179:Comment:18901972011-05-04T20:20:32.087Zessayhttps://gohaynesvilleshale.com/profile/essay
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2167647478?profile=original" target="_self"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/2167647478?profile=RESIZE_1024x1024" width="600"></img></a></p>
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<p><a href="http://politicalcalculations.blogspot.com/2010/03/growing-complexity-of-us-federal-tax.html" target="_blank">http://politicalcalculations.blogspot.com/2010/03/growing-complexity-of-us-federal-tax.html</a></p>
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<p>this does include defunct portions of the code but the author discusses that in the link. also of importance is to note that the…</p>
<p><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/2167647478?profile=original"><img width="600" class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/2167647478?profile=RESIZE_1024x1024" width="600"/></a></p>
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<p><a href="http://politicalcalculations.blogspot.com/2010/03/growing-complexity-of-us-federal-tax.html" target="_blank">http://politicalcalculations.blogspot.com/2010/03/growing-complexity-of-us-federal-tax.html</a></p>
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<p>this does include defunct portions of the code but the author discusses that in the link. also of importance is to note that the above chart's Y axis is set to a log scale.</p> Maybe it's time for congress…tag:gohaynesvilleshale.com,2011-05-04:2117179:Comment:18897582011-05-04T15:01:33.326ZMaxhttps://gohaynesvilleshale.com/profile/Max
<p>Maybe it's time for congress to start all over with the tax codes. </p>
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<p>I watched Tiber Machan's interview last Sunday on C-Spans Book TV and his view was interesting, no taxes. I didn't agree with some of the things he put forth on how this would work, but, how well is the tax system working now?</p>
<p>Maybe it's time for congress to start all over with the tax codes. </p>
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<p>I watched Tiber Machan's interview last Sunday on C-Spans Book TV and his view was interesting, no taxes. I didn't agree with some of the things he put forth on how this would work, but, how well is the tax system working now?</p> How much sense does it make t…tag:gohaynesvilleshale.com,2011-05-04:2117179:Comment:18895522011-05-04T12:59:32.250ZP.G.https://gohaynesvilleshale.com/profile/PG
How much sense does it make to give extra tax breaks to Oil and Gas companies to encourage more drilling but then make rules that discourage them from drilling?
How much sense does it make to give extra tax breaks to Oil and Gas companies to encourage more drilling but then make rules that discourage them from drilling? cato institute guys, eh. tha…tag:gohaynesvilleshale.com,2011-05-04:2117179:Comment:18894532011-05-04T09:45:12.151Zessayhttps://gohaynesvilleshale.com/profile/essay
<p>cato institute guys, eh. that's funny in it's own right. same authors, 5 years ago: Exxon's Earnings: No Apology Necessary <a href="http://www.cato.org/pub_display.php?pub_id=6250" rel="nofollow" target="_blank">http://www.cato.org/pub_display.php?pub_id=6250</a></p>
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<p>anyway, since you're just linking and running without discussing the material, i will take up your slack. i must admit, the cherrypicked quote was choice, well done. never mind that it is completely without…</p>
<p>cato institute guys, eh. that's funny in it's own right. same authors, 5 years ago: Exxon's Earnings: No Apology Necessary <a rel="nofollow" href="http://www.cato.org/pub_display.php?pub_id=6250" target="_blank">http://www.cato.org/pub_display.php?pub_id=6250</a></p>
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<p>anyway, since you're just linking and running without discussing the material, i will take up your slack. i must admit, the cherrypicked quote was choice, well done. never mind that it is completely without context and of no significance whatsoever on it's own, other than it's snide presentation.</p>
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<p>first, one should note that the only real advantage of the weak dollar for the american people turns out to be growth in manufacturing for export, something that has been much touted here recently as a driver of job creation, i.e., actually making things people want to buy. i know it's a shocking concept, americans exporting things besides ill-will and misery.</p>
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<p>42% of the so-called "lost revenue" (even the term itself is debatable) comes from the overall manufacturing credit from '05. trying to shame politicians into singling out o&g is laughable, and quite simply won't happen in this environment. i wish whoever wants to take responsibility for trying to kill part or all of it good luck.</p>
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<p>the other two big "lost revenue opportunities" pointed out in that piece are even admitted by the authors to be much more important to smaller independent operators than they are the "big oil" crowd, which i thought was supposed to be the main target. withdrawing support from a sector that gainfully employs so many americans is not consistent with growing jobs by any stretch of the imagination. it's amazing that we waste so much money trying to force research on pie-in-the-sky nonsense that won't be ready for decades no matter how much money we throw at it, yet we want to pull the plug on programs that might actually help <em>here and now</em>.</p>
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<p>and just to reinforce how important the small producers are... the following information is a little outdated but still recent enough to be relevant, imo. from <a rel="nofollow" href="http://www.pttc.org/tech_centers/producers/sp_wp.pdf" target="_blank">http://www.pttc.org/tech_centers/producers/sp_wp.pdf</a></p>
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<p>""...In the 1990s states in the midcontinent reported that as much as 80% to 90% of the oil was produced by companies with fewer than 20 employees. During the past decade, mergers and poor economics have caused many small to medium sized producers to depart the industry. However, in 2009 it was still estimated that small producers accounted for 85% of the natural gas produced in the lower 48 states and 60% of the oil production. Statistics from the Independent Petroleum Association of America (IPAA) in 2007 indicated that from the 1980s to 1995 petroleum production by independents increased from 45% to over 60%. In 2007 IPAA reported that independent producers develop 90% of oil and gas wells in the U. S. producing 68% of the oil and 82% of the natural gas.""</p>
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<p>the article goes on to talk a little political semantics and outlines likely outcomes of a "more neutral tax code" scenario, which seems entirely too focused on the production argument and altogether cavalier about messing around with the businesses people have built faithfully following the rules of the game, not to mention the jobs they provide their neighbors. one outcome that i agree would be a certainty is that of increased merger and acquisition activity, which is by definition a job-destroying proposition.</p>
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<p>and lastly, the authors observe that "<strong>...about 41% of the net income earned by the oil and gas industry is already paid out in federal taxes compared to 26.5% for the rest of the businesses in the S&P 500.</strong>" ...before concluding that the best answer would be sweeping reform of the tax code and energy subsidy structure, the extent of which i would heartily endorse when and if any given party is ever in control of enough of the government to do so.</p>
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<p>thanks for the material.</p> No, it just means that you're…tag:gohaynesvilleshale.com,2011-05-03:2117179:Comment:18888572011-05-03T19:56:08.094ZMaxhttps://gohaynesvilleshale.com/profile/Max
<p>No, it just means that you're a good person.</p>
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<p>Unless...... the house is falling down and you've received a notice from the city to demolish the house.</p>
<p>No, it just means that you're a good person.</p>
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<p>Unless...... the house is falling down and you've received a notice from the city to demolish the house.</p> peanuts.
http://www.api.org…tag:gohaynesvilleshale.com,2011-05-03:2117179:Comment:18885332011-05-03T15:49:51.432Zessayhttps://gohaynesvilleshale.com/profile/essay
<p>peanuts.</p>
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<a href="http://www.api.org/policy/tax/upload/Total_Industry_Taxes_April_2011.pdf" target="_blank">http://www.api.org/policy/tax/upload/Total_Industry_Taxes_April_2011.pdf</a><br />
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<p>peanuts.</p>
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<a href="http://www.api.org/policy/tax/upload/Total_Industry_Taxes_April_2011.pdf" target="_blank">http://www.api.org/policy/tax/upload/Total_Industry_Taxes_April_2011.pdf</a><br />
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<p> </p> What if you donated that prop…tag:gohaynesvilleshale.com,2011-05-03:2117179:Comment:18883972011-05-03T14:03:05.736ZP.G.https://gohaynesvilleshale.com/profile/PG
What if you donated that property to the church? Would that mean the government is subsidizing religion?
What if you donated that property to the church? Would that mean the government is subsidizing religion?