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Dept. of Energy Offers USEC $280 Million Handout

In yet another attempt to revive the struggling United States Enrichment Corporation (USEC), the Department of Energy (DOE) has offered...

Big Oil Tops $150 Billion in Profits in 2011

With annual financial reports being released this time of year, the oil and gas industry is looking to continue its decade long trend of...

Oil Profits Stay High; Needless Subsidies Continue

It appears the oil and gas industry is looking to continue its decade long trend of record profits. As of February 2nd, Chevron, Exxon...

Carbon Capture and Storage (CCS): Too Costly for Taxpayers

Carbon capture and storage (CCS), also referred to as carbon capture and sequestration, is the process of separating carbon dioxide (CO2)...

The Department of Energy FutureGen Initiative

The latest iteration of the Department of Energy’s FutureGen project (find a timeline here) is a federal initiative to finance and...

Big Oil, Big Profits

Another quarter, another unsurprising set of reports of huge profits for the oil companies. Continuing to be some of the most profitable...

Super Cuts for the Super Committee

Taxpayers for Common Sense has been working hard to meet the challenge of that the so-called Super Committee is facing - $.12-1.5...

Myth v. Fact: Oil and Gas Companies’ Effective Tax Rate

Oil and gas companies have complained that they pay an effective tax rate of 41%....

Subsidy Gusher

WASHINGTON, D.C. – Today, Taxpayers for Common Sense (TCS) released “Subsidy Gusher: Taxpayers Stuck with Massive Subsidies while Oil and...

Ongoing TCS Analysis of the FY2012 Budget Proposal

The FY2012 Presidential Budget Request was released this morning. TCS staff will be posting relevant documents and analysis as we digest...

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as...