Oil prices are approaching a landmark 18-month period that has the cost of crude under the critical $50 per barrel value that keeps an energy company profitable. Energy firms are literally choking and gasping for breath. Companies in this vertical are finding creative ways to cut costs and maintain employees through the downturn but many are running out of time.

FACT: Property taxes are the number one expense incurred by most US based corporate entities.

We are having increased success reducing taxes on both ad valorum and business personal property asset sheets for clients that occupy the energy space. Give me a call to discuss exactly which jurisdictions have been soft to reductions and what you can expect from a POER engagement. Talk is cheap, your property taxes are not.

Written by Christopher Boardman