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2. Business Energy Investment Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Business_Energy_Investment...

   Large revenue losses associated with the oil and gas tax preferences compared to federal deficit cuts, the oil embargo of 1973, and the Iranian Revolution from 1978-1979 led to a shift in energy policy to alternative energy and conservation. The first major change was the reduction of IDCs and percent depletion for the oil and gas companies.

3. Oil depletion allowance - Wikipedia

   en.wikipedia.org/wiki/Oil_depletion_allowance

   The oil depletion allowance in American (US) tax law is a tax break claimable by anyone with an economic interest in a mineral deposit or standing timber. [citation needed] The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital loss) against income.

4. Energy subsidies in the United States - Wikipedia

   en.wikipedia.org/wiki/Energy_subsidies_in_the...

   Energy subsidies are measures that keep prices for customers below market levels, or for suppliers above market levels, or reduce costs for customers and suppliers. [4] [5] Energy subsidies may be direct cash transfers to suppliers, customers, or related bodies, as well as indirect support mechanisms, such as tax exemptions and rebates, price controls, trade restrictions, and limits on market ...

5. Tax relief for oil and gas firms ‘could have insulated two ...

   www.aol.com/tax-relief-oil-gas-firms-093312382.html

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6. The California Democrats’ oil strategy is a big bust. We need ...

   www.aol.com/california-democrats-oil-strategy...

   Legislators and Gov. Newsom did not heed warnings that adding new mandates on oil companies would drive them out of the state. One already has. The California Democrats’ oil strategy is a big bust.

7. Stimulus Update: When $1,050 California Gas Tax Rebate ... - AOL

   www.aol.com/finance/stimulus-1-050-california...

   A California budget plan calling for as much as $1,050 deposited into the bank accounts or distributed via debit card to California taxpayers is in the works. However, Californians may not see the...

8. Energy subsidy - Wikipedia

   en.wikipedia.org/wiki/Energy_subsidy

   Energy subsidies are measures that keep prices for customers below market levels, or for suppliers above market levels, or reduce costs for customers and suppliers. [1] [2] Energy subsidies may be direct cash transfers to suppliers, customers, or related bodies, as well as indirect support mechanisms, such as tax exemptions and rebates, price controls, trade restrictions, and limits on market ...

9. California begins issuing gas tax rebates to 18 million ... - AOL

   www.aol.com/news/california-begins-issuing-gas...

   Californians dealing with the rising cost of gas will start to see some financial relief starting Friday. CBS News correspondent Jonathan Vigliotti explains who is eligible for a gas tax rebate.