Fact Sheet

Third Quarter Results are in and still the same story: Billions in profit, billions more in subsidie

Total SA made $3.2 in the third quarter; Shell: $3.5; Chevron: $3.8; Exxon: $7.4; and most telling of all, BP has emerged back into the...

DOD Still Years Away From Managing its Money

Despite efforts to save billions by improving the way it does business, the Defense Department is not only still years away from being...

FutureGen: Massive Clean Coal Project Changes Track, Still Securing $1 Billion Earmarked in the Stimulus

Today, the Department of Energy (DOE) announced that the plan to build “FutureGen” a massive commercial “clean coal” facility in Mattoon,...

New Report Finds DOE Loan Guarantee Program Riddled with Problems

 The Government Accountability Office released a new report today, finding that the Department of Energy’s (DOE) Loan Guarantee Program...

Federal Loan Guarantees for Nuclear Reactors: Details of the Current Applicants

On February 16, 2010, the Department of Energy offered the first conditional nuclear loan guarantee of $8.3 billion to Southern Company...

Oil and Gas Industry: A Decade of Record Breaking Profits

Big Oil has made Big Money over the last decade. In fact, the last five years proved to be some of the most profitable for any U.S....

Mining Companies Enchanted by New Mexico Giveaways

New Mexico is one of the most heavily mined states in the country, producing large amounts of perlite, copper, and other hardrock...

Arizona Public Lands in Mining Company Hands

Arizona is one of the most heavily mined states in the country, producing large amounts of copper, silver and other hardrock minerals....

DOE Loan Guarantees: Overview, Risks, and More

Created in Title 17 of the 2005 Energy Policy Act, the Department of Energy (DOE) Loan Guarantee Program has received increased scrutiny with the default of a loan guarantee to the solar start-up company, Solyndra....

Earmarks and Earmarking: Frequently Asked Questions

Introduction Earmarks have received a lot of attention in the media, in Congress, and around the water cooler. But despite the interest...

Syria: Excuse 535 To Not Cut the Deficit

Volume XVIII No. 37 Possible action in Syria has become the most recent excuse du jour for Pentagon boosters...