Fig. 4: Change in EPIC with parametric crude oil tax over the next 4 years (July 2020 to June 2024).

A $10.25 per barrel of crude oil tax raises EPIC on average by $0.977/MMBtu over this 4-year period. A $25 per barrel of crude oil tax surges EPIC on average by $2.384/MMBtu in the same period. Source data are provided as a Source Data file.