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The Price of Oil

Exposing the true costs of fossil fuels

Oil Change International campaigns to expose the true costs of fossil fuels and facilitate the coming transition towards clean energy.

Posts in tax breaks

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  A tax break for refiners paid for by school budget cuts: a taste of things to come?

  Lorne Stockman, October 4, 2011
  In a chilling preview of what life may be like if Rick Perry were to become president, a commission appointed by the Texan Governor is proposing handing Valero and other Texan refiners a tax refund worth $135 million. That would be bad enough but where will they find the money in these hard times? Around...
  Continue reading 'A tax break for refiners paid for by school budget cuts: a taste of things to come?'.

• Ending Subsidies or Shifting Blame?

  Andy Rowell, September 24, 2009
  So the political road-show moves from the UN up to the G20 at Pittsburgh, where climate and the banking crisis will be on the table. And so will a discussion about ending fossil fuel subsidies. For years campaigners have been arguing for the ending of the tax breaks and other incentives given to the fossil...
  Continue reading 'Ending Subsidies or Shifting Blame?'.

• “So its heads I win, tails you lose”

  Andy Rowell, February 12, 2009
  The oil companies are beginning to look like the banks. During the good years, they cream off ridiculous profits with huge bonuses paid to senior management and directors. And in the bad times they get out of the begging bowl to ask for more money from the government.