While its title sounds ominous enough, the news is bad for more than just 'burbanities -- for the entire world, actually -- in Gregory Greene's "The End of Suburbia." Already available on DVD ...

Unlike cost depletion, percentage depletion is not based on the investor’s tax basis in each oil or gas property; instead, the percentage method provides for a deduction of a specified ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, noting that ...

Increasing the oil and natural gas tax depletion allowance from 15 percent, where it has been since 1984, would enhance the profitability of wells and probably encourage new drilling. That’s ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

Crescent Energy expands in key U.S. oil regions, integrates new acquisitions, adjusts equity structure, and offers a 5.2% ...

ExxonMobil will hand control of eastern Australia’s main source of domestic gas to Woodside, which wants to tap more supplies ...

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime ...

Dwindling Reserves. The prime tar get of the critics is the oil depletion allowance. It permits owners to deduct from their taxable income 271% of the value that each well yields; more over, the ...

The first local screening of the documentary film, "The End of Suburbia: Oil Depletion and the Collapse of the American Dream," will be held at 6:30 p.m. Tuesday, Sept. 27, at the Fox Room of the ...

The data is then combined to give a view on the limits to global oil production. to meet demand. oil supplies. and long-term strategic planning by companies and governments. 241 pages, 112 figures ...

Brunei, often called "The Land of the Petro Dollar," has enjoyed nearly a century of oil-driven wealth. For decades, this tiny yet affluent nation in Southeast Asia has thrived due to its vast oil ...