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Mr. Erik Milito - The House Committee on Natural Resources ...

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$Billi<strong>on</strong> per year<br />

2012<br />

2013<br />

2014<br />

2015<br />

2016<br />

2017<br />

2018<br />

2019<br />

2020<br />

2021<br />

2022<br />

2023<br />

2024<br />

2025<br />

2026<br />

2027<br />

2028<br />

2029<br />

2030<br />

www.woodmac.com<br />

Added U.S. Government Revenue from Development Policy Case<br />

• Wood Mackenzie estimates over $99 billi<strong>on</strong> per<br />

year of new U.S. government revenue could be<br />

added by 2030 under the current taxati<strong>on</strong> regime<br />

through policies which encourage the<br />

development of U.S. oil and natural gas<br />

resources<br />

• Furthermore, Wood Mackenzie estimates total<br />

additi<strong>on</strong>al cumulative government revenues of<br />

$803 billi<strong>on</strong> could be generated by 2030 under<br />

policies assumed in the Development Policy<br />

Case.<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Potential Annual Government Revenue Impact<br />

Total Government Revenue: Development Policy Case less Current Path Case<br />

© Wood Mackenzie 30<br />

Delivering commercial insight

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