Marcela Kane is successfully employed in the oil and gas industry. “I am an international tax professional specializing in non-US jurisdictions around the globe” says Ms. Kane. She began working with Halliburton, a company that provides oilfield services, in 2015. She is a senior tax manager with the company. Ms. Kane has more than fifteen years of experience and has worked with several global companies. She worked at Talisman Energy between February of 2011 and April of 2013. She is an experienced tax professional who understands the oil and gas industry. 

The oil and gas industry is a global industry that supplies countries with energy. Oil and gas are collected from several different areas and are then sold to various countries. The industry can be highly lucrative for professionals who work for oil and gas companies. However, the industry is highly dependent on the market for fuel. If there is an excess in supply, oil prices will drop. On the other hand, if there is a drop in supply, oil prices will rise.

In 2016, oil prices dropped. The oil and gas industry is affected not only by supply, but by social trends as well. Climate change and environmental consciousness are trending issues. Resistance to the idea of using fossil fuels as well as competition and lower oil prices effected the industry in 2016.

The oil and gas industry plays a major role in the day to day lives of people who live in countries that rely on vehicle transportation and more. The industry offers even more benefits to areas that are rich in oil. For example, the oil and gas industry creates high paying jobs in Texas. The industry generates tax revenue for schools, roads, and emergency services as well. Marcela Kane, a tax manager, is located in Houston, Texas.

Also can read: Marcela Kane: What You Should Know About Tax Planning