NSWA Releases EIAP Study on the Economic Effects of Eliminating Percentage Depletion
In February 2021, EIAP completed a study on behalf of the National Stripper Well Association on the economic effects of eliminating percentage depletion from the tax code. The data study provides a detailed analysis of percentage depletion’s impact on oil and natural gas production, industry spending, and employment. For more information and to request a copy of the study please visit the NSWA’s website.
The National Stripper Well Association was founded in 1934 as the only national association solely representing the interests of the nation’s smallest and most economically-vulnerable oil and natural gas wells before Congress, the Administration and the Federal bureaucracies. It is the belief of NSWA that producers, owners and operators of marginally-producing oil and gas wells have a unique set of needs and concerns regarding federal legislation and regulation.
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