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Oil Tax Breaks

Getting Energy Subsidies to Work in Favor of the Environment

Rosaly Byrd | Posted 11.17.2014 | Green
Rosaly Byrd

In order to successfully address climate change as a market failure, the oil and gas industry must internalize social and environmental costs involved with producing carbon dioxide -- not be given tax breaks and subsidies for continuing this economically inefficient and environmentally devastating behavior.

Tax Breaks For Oil Companies Could Cost Alaska Billions

The Huffington Post | Will Wrigley | Posted 03.14.2013 | Green

A bill currently under consideration in the Alaska Senate would dramatically cut taxes on oil companies, costing the state billions of dollars in reve...

Romney: Cuts To Oil, Gas Tax Breaks 'On The Table'

Reuters | Posted 12.03.2012 | Business

* Romney says $2.8 billion a year in breaks "on the table" * Would be a trade-off for lower corporate taxes * Assails Ob...

Payola for the Most Profitable Corporations in History

Bill McKibben | Posted 06.05.2012 | Green
Bill McKibben

There's a problem: the very word "subsidies" makes American eyes glaze over. If due attention is to be paid, we have to figure out a language in which to talk about them that will make it clear just how loony our policy is.

Obama Calls On Congress To End Huge Subsidy

AP | Posted 03.29.2012 | Politics

WASHINGTON -- President Barack Obama is renewing his call for Congress to end tax breaks to oil companies. In a Rose Garden speech Thursday, Obama wi...

Obama Speaks Against Oil Tax Breaks, Again, Some More

AP | KEN THOMAS | Posted 05.17.2012 | Politics

WASHINGTON (AP) — Pump prices on his mind, President Barack Obama says Congress should kill tax breaks for the oil and gas industry and help develop...

Michael McAuliff

Oil Bash: Dems Hit GOP Again For Guarding Record Profits, Tax Breaks

HuffingtonPost.com | Michael McAuliff | Posted 12.27.2011 | Politics

WASHINGTON -- The Democrats' Senate campaign committee is making good Thursday on its promise to try to tar several GOP contenders with their votes pr...

Don't Default on the American Dream: Democrats Should Hold the Line in Debt Ceiling Talks

Ethan Rome | Posted 08.28.2011 | Politics
Ethan Rome

The President and Democratic Leaders obviously have a huge responsibility in the debt limit talks. But if there's ever been a time to drive a hard bargain, this is it. There's nothing irresponsible about staring down the Republicans and making them blink.

Rep. Donna Edwards -- Advocate for Green Concerns

Marcia G. Yerman | Posted 07.17.2011 | Green
Marcia G. Yerman

Rep. Donna Edwards is a strong believer in the importance of the Clean Air Act. I reached out to her with four key questions on energy and her commitment to the environment.

The Best Case Against Oil Subsidies

David Callahan | Posted 07.13.2011 | Business
David Callahan

Though repealing tax breaks for oil companies is a great idea, it's not enough. What's needed is comprehensive corporate tax reform to close the loopholes exploited by a wide range of U.S. firms -- not just those in the petroleum industry.

Policy Debate Turns Into Show With Props In Senate

AP | LAURIE KELLMAN and STEPHEN OHLEMACHER | Posted 07.13.2011 | Politics

WASHINGTON — The hearing was for verbally flogging oil company CEOs, and no senator bothered to pretend it was about making gasoline prices more...

Obama Calls For Rolling Back Huge Oil Company Tax Breaks

Posted 05.25.2011 | Business

WASHINGTON (AP) -- President Barack Obama says it's time to roll back "billions of dollars in tax breaks" for oil companies and use the money for clea...

It's the Democracy, Stupid: Campaigns of McCain and Palin Show How They Would Govern

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

The disconnect between McCain's words and his actions, all in an effort to distort his record, is the central approach to his campaign. And it smells a lot like the last eight years of Bush.