http://www.greentechhistory.com/2009/07/all-you-need-to-know-about-us-energy-incentives-in-two-graphs/ America's two-century search for a more perfect power Sun, 21 Mar 2010 07:59:19 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.greentechhistory.com/2009/07/all-you-need-to-know-about-us-energy-incentives-in-two-graphs/comment-page-1/#comment-315 admin Thu, 23 Jul 2009 20:17:44 +0000 http://www.greentechhistory.com/?p=1087#comment-315 There's a detailed discussion in the paper, which is linked, including all of the laws and components of the estimates. For oil: Taxation bonuses mostly resulted from the utilization of "the percentage depletion and intangible drilling provisions of the Federal tax code as an incentive for exploration and development." On regulation, they pointed to three main incentives: <ul> <li>"The exemption from price controls (during their existence) of oil produced from ‘stripper wells’.</li> <li>"The two-tier price control system, which was enacted as an incentive for the production of ‘new’ oil.</li> <li>"The higher than average rate of return allowed on oil pipelines.</li> </ul> There’s a detailed discussion in the paper, which is linked, including all of the laws and components of the estimates. For oil: Taxation bonuses mostly resulted from the utilization of “the percentage depletion and intangible drilling provisions of the Federal tax code as an incentive for exploration and development.” On regulation, they pointed to three main incentives:

• “The exemption from price controls (during their existence) of oil produced from ‘stripper wells’.
• “The two-tier price control system, which was enacted as an incentive for the production of ‘new’ oil.
• “The higher than average rate of return allowed on oil pipelines.

]]> http://www.greentechhistory.com/2009/07/all-you-need-to-know-about-us-energy-incentives-in-two-graphs/comment-page-1/#comment-314 WayneS Thu, 23 Jul 2009 19:59:55 +0000 http://www.greentechhistory.com/?p=1087#comment-314 Could you define each of the cost categories? In particular, what are regulation and taxation (is it all depletion or does it include something else) costs? Could you define each of the cost categories? In particular, what are regulation and taxation (is it all depletion or does it include something else) costs?

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