Tag Archives: purpose

Energy resource permanent funds vary by purpose and state

April 30, 2015 Source: State Treasurer’s Office reports for each state as of December 31, 2014 Note: * West Virginia’s fund is too new to show a measurable balance. Taxation of coal, crude oil, and natural gas production presents opportunities for states to collect revenue as nonrenewable resources are produced. Natural resource permanent funds are […]

Oil tanker sizes range from general purpose to ultra-large crude carriers on AFRA scale

September 16, 2014 Source: T. Mason Hamilton, U.S. Energy Information Administration The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straits and channels. This system, known as the Average Freight Rate […]

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