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Mid-Year Optional Standard Mileage Rate Change in 2022

The IRS announces an increase in optional standard mileage rates for the remainder of the year.

Can Solar Power Assist with the Infrastructure Needed to Charge EVs?

Learn more about if solar power can assist with the infrastructure needed to charge EVs.

IRS Announces 2021 Marginal Well Credit

Natural gas well owners can read more about qualifying for the 2021 Marginal Well Credit under the IRS' newly released IRS' Notice 2022-18.

Federal Leases for Oil and Gas Drilling

Read more about President Biden's announcement reversing the moratorium on the sale of new oil and gas leases on federal land.
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PA DEP to Study Petitions Seeking to Raise Oil and Gas Bonds

Learn more about the Pennsylvania Department of Environmental Protection to Study Petitions Seeking to Raise Oil and Gas Bonds.

Postcard from the AICPA & CIMA | PDI Oil & Gas Conference

Learn more about this year's discussion of the state of the oil and gas industry at the AICPA's annual conference.

Impact to Oil Prices following the OPEC Deal

Learn more about the OPEC deal concluding to phase out 5.8 million barrels per day of oil production cuts by September 2022.

Pennsylvania Oil and Gas Industries Respond to State Joining RGGI

Read about oil and gas industries' reactions Pennsylvania's participation in the Regional Greenhouse Gas Initiative.
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IRS Announces 2020 Marginal Well Credit

Learn more about the recently issued IRS Notice 2021-34, 2020 Marginal Well Credit and how your business may benefit from the tax credit.

2020 Credit Available for Natural Gas Producers

Since tax year 2016, the marginal well credit (MWC) has created opportunities to reduce taxes for natural gas producers holding an operating interest in
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