Posts in oil and gas subsidies
- Numerous recent polls reveal that the American people believe that Congress is more responsive to their campaign donors than their own constituents. In addition, Americans of all affiliations clearly favor ending oil industry handouts. The question is, whose side is Fred Upton on: the American people’s or Big Oil’s? Rep. Upton is Big Oil’s biggest...
Continue reading 'Fred Upton: Big Oil’s Superman in SuperCongress'.
- Eight of the twelve members of the newly-named Joint Committee on Deficit Reduction have voted in the last two years to allow oil companies to keep more than $4 billion annually in taxpayer subsidies in place. All six Republicans have consistently voted to preserve oil industry handouts. Oil industry lobbyists have made maintaining these handouts...
Continue reading 'Oil Money and the “SuperCongress”'.
- The subsidy battle raging in Washington at the moment is all about what are known as “production” subsidies. These are subsidies that are paid to the oil majors to keep the oil and gas flowing. But there is also another type of subsidy: this is where governments, often in countries producing oil or developing countries,...
Continue reading 'The High Cost of Keeping Gas Prices Low'.
- This is a cross-post from Transition Voice. Written by Erik Curren Can the president who killed Osama bin Laden now stand up to Big Oil? Encouraged by comments made by House Speaker John Boehner that subsidies for oil and gas companies should be on the table, Democrats led by Montana Sen. Max Baucus last week...
Continue reading 'Top 5 myths about subsidies to oil companies'.
- Get ready for some fireworks this morning in the Senate. The latest spin coming from the oil industry is that Democrats and the more than 75% of Americans that support ending subsidies to Big Oil are somehow “un-American”. After yesterday’s Annual Meeting of Conoco Phillips the company put out a press release highlighting “concerns over...
Continue reading 'ConocoPhillips calls Democrats “Un-American”'.
- The showdown on gas prices and subsidy removal will intensify this week in Washington, when senior oil and gas executives are hauled before Congress to explain record profits at a time when consumers are hurting at the pumps. Legislation is being worked on by Max Baucus, the Montana Democrat and chairman of the Senate finance...
Continue reading 'Subsidy Battle Hots Up'.
- A week, they say, can be a long time in politics. A year, therefore can be a lifetime. And long enough to forget. A year on from the Deepwater disaster, Republicans are acting as if the America’s largest ever oil spill did not in fact happen. It was just a distant bad dream. Yesterday, as...
Continue reading 'The “Spill Amnesia Bill”'.
- As the U.S. Congress debates several measures to remove oil industry subsidies, we have published a new factsheet that overviews some of the key issues in the subsidy debate. Additional information is available from Oil Change International by visiting our page on fossil fuel subsidies, by emailing firstname.lastname@example.org or calling (202)-518-9029.
- The Independent Petroleum Producers Association is currently in overdrive parading a commissioned study that makes a number of claims about its member’s value to the economy. According to the study, independent oil and gas producers drill most of the wells in the country, create millions of jobs and pay billions in taxes and royalties. Furthermore,...
Continue reading 'Independent oil & gas producers don’t need subsidies any more than big oil does'.
- No wonder those oil boys at the American Petroleum have launched a campaign to try and stop further “tax increases” (read: subsidy removal) on the industry. They know that Obama is on their back. Yesterday, the President wrote to the House Speaker John Boehner, and other political leaders asking them to take “immediate action to...
Continue reading '“We simply can’t afford wasteful subsidies”'.
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