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Energy
Campaign
Oil
and Gas
 Subsidies
for oil and natural gas began in 1916 with the federal government
creating its first tax breaks for oil and gas production. After
almost 90 years of taxpayer-funded subsidies, the oil and gas industries
are flourishing but taxpayers still continue to contribute billions
annually to the energy sector.
Instead of requiring
energy companies to stand on their own feet, the government has
set up a perpetual subsidy system. Large energy companies act as
if they cannot survive without taxpayer handouts, perpetuating an
endless cycle of subsidies. The government should stop giving taxpayers'
dollars to powerful energy companies.
Resources:
- April
20, 2005
-- Slush funds in the energy bill that will cost billions
- April
19, 2005
-- TCS Letter to the House: "RE: Support the Grijalva Amendment
to Strike Royalty Holidays from the Energy Bill"
- April
13, 2005 -- TCS Letter to the House Energy & Commerce
Committee: "RE: Support the Capps Amendment to Strike MTBE
Safe Harbor and Transition Assistance from the Energy Bill"
- July
25, 2003 -- Wastebasket
Vol. VIII No. 30: Methane Madness
- May
12, 2003 -- An Overview of Senate Energy Bill Subsidies
to the Fossil Fuel Industry
- April
11, 2003 -- Wastebasket Vol. VIII No. 15: Christmas in April
for the Energy Industry
- April
10, 2003 -- TCS Action Letter to the House: "RE: Oppose
the Energy Policy Act of 2003, H.R. 6"
- April
10, 2003 -- TCS Action Letter to the House: "RE: OPPOSE
the Energy Policy Act of 2003: SUPPORT Kind Amendment on Oil and
Gas Provisions; SUPPORT Udall Amendment on Uranium Mining"
- March
18, 2003 -- TCS Action Letter to the Hill: "RE: Oppose
the Energy Policy Act of 2003"
- May
2, 2002 -- Wastebasket Vol. VII No. 18: The Energy Bill Scam
- June
27, 2001 -- Statement by Autumn Hanna,
Policy Analyst at Taxpayers for Common Sense on
the Bush Administration’s Energy Proposals
- July
21, 1999 -- Senate Interior Bill A Windfall for the Timber,
Oil, Mining, and Coal Industries
- July
7, 1997 -- Wastebasket Vol. II No. 23: Special Interest Tax
Breaks Continue
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