Skip to content
Taxpayers for Common Sense Logo Taxpayers for Common Sense Logo Taxpayers for Common Sense Logo
  • ISSUES
    • Agriculture
    • Budget & Tax
    • Disaster
    • Energy & Natural Resources
    • Transportation & Infrastructure
    • National Security
    • Explore All of Our Issues
  • OUR WORK
    • Analysis
    • Comments & Testimony
    • Databases
    • Deep Dives
    • In The News & Op-Eds
    • Letters
    • Our Take
    • Press Releases & Statements
    • Reports
  • ABOUT
    • Overview
    • 30 Years of TCS
    • Our Solutions to Cut Waste
    • Accomplishments
    • Awards
    • Annual Reports
    • Staff & Board of Directors
    • Careers
    • Contact
  • WASTEBASKET
  • PODCAST
  • DONATE
  • Or, try our Advanced Search.

  • SUBSCRIBELearn about the WastebasketYour weekly reality-check for federal spending. Join the thousands of Congressional and agency staff, journalists and activists who receive our Weekly Wastebasket – our weekly newsletter highlighting wasteful government spending – along with our solutions. Through the Weekly Wastebasket, you can count on TCS to provide insight into the realities of the federal budget process. And don’t worry, there’s nothing wasteful about it – it’s free! Get the facts, not the fluff – sign up now for the newsletter now.
  • PODCASTLearn about the PodcastWelcome to Budget Watchdog, All Federal — the podcast dedicated to making sense of the budget, spending, and tax issues facing the nation. Cut through the partisan rhetoric and talking points with TCS experts and guests for the facts about what’s being talked about, bandied about, and pushed in Washington. Subscribe
  • Donate
  • Or, try our Advanced Search.

  • ISSUES
    • Agriculture
    • Budget & Tax
    • Energy & Natural Resources
    • Transportation & Infrastructure
    • National Security
    • Explore All of Our Issues
  • OUR WORK
    • Analysis
    • Comments & Testimony
    • Databases
    • Deep Dives
    • In the News & Op-Eds
    • Our Take
    • Press Releases & Statements
    • Reports
  • ABOUT
    • Overview
    • Our Solutions to Cut Waste
    • Accomplishments
    • 30 Years of TCS
    • Awards
    • Annual Reports
    • Staff & Board of Directors
    • Careers
  • WEEKLY WASTEBASKETLearn about the Weekly Wastebasket. Your weekly reality-check for federal spending. Join the thousands of Congressional and agency staff, journalists and activists who receive our Weekly Wastebasket – our weekly newsletter highlighting wasteful government spending – along with our solutions. Through the Weekly Wastebasket, you can count on TCS to provide insight into the realities of the federal budget process. And don’t worry, there’s nothing wasteful about it – it’s free! Get the facts, not the fluff – sign up now for the newsletter now.
  • PODCASTLearn about the PodcastWelcome to Budget Watchdog, All Federal — the podcast dedicated to making sense of the budget, spending, and tax issues facing the nation. Cut through the partisan rhetoric and talking points with TCS experts and guests for the facts about what’s being talked about, bandied about, and pushed in Washington. Subscribe
  • DONATE
  • CONTACT
  • SEARCH
Independent, nonpartisan government watchdog fighting for taxpayers since 1995

Special Tax Preferences for Oil and Gas

Deep Dives, Tax Preferences for Oil and Gas Industry

Special Tax Preferences for Oil and Gas

Worth $70B, dating back to the 20th century, and still on the book.

Energy & Natural Resources,  | Analysis
Nov 30, 2018 | 48 sec read | Print Article

The oil and gas industry has enjoyed special tax preferences since the early 20th Century. Read our analyses of the more than $70 billion in oil and gas tax subsidies still on the books.

Tax section

  • Analysis: Billions in Energy Tax Subsidies Left on the Books
  • Report: Understanding Oil and Gas Subsidies
  • Analysis: Effective Tax Rates of Oil & Gas Companies: Cashing in on Special Treatment
  • Fact Sheet: Just the facts about the Effective Tax Rate for Oil & Gas Companies
  • Report: Subsidy Gusher – Taxpayers Stuck With Massive Subsidies While Oil and Gas Profits Soar
  • Report: Big Oil, Big Profits
Tags: Oil and Gas

Share This Story!

Related Posts

BLM Proposes to Lower Bond Requirements for Oil and Gas Wells on Federal Land

BLM Proposes to Lower Bond Requirements for Oil and Gas Wells on Federal Land

Jun 26, 2026
Five Fast Facts about the Taxpayer Costs of Methane Emissions

Five Fast Facts about the Taxpayer Costs of Methane Emissions

Jun 25, 2026
54,000 Acres in Utah Leased for Oil and Gas Could Cost Taxpayers $66 Million

54,000 Acres in Utah Leased for Oil and Gas Could Cost Taxpayers $66 Million

Jun 24, 2026
TCS Statement on Proposed Rule that would Curtail Actions to Reduce Methane Waste on Federal Lands

TCS Statement on Proposed Rule that would Curtail Actions to Reduce Methane Waste on Federal Lands

Jun 23, 2026
10,000 Acres in Nevada Leased for Oil & Gas at Legal Minimum of $10/Acre

10,000 Acres in Nevada Leased for Oil & Gas at Legal Minimum of $10/Acre

Jun 23, 2026
Proposed rule change at BLM would make it easier, cheaper to lease land for oil and gas drilling

Proposed rule change at BLM would make it easier, cheaper to lease land for oil and gas drilling

Jun 23, 2026

Most Read

Recent Content

  • Front facade of the US Department of the Interior

    Our Take

    BLM Proposes to Lower Bond Requirements for Oil and Gas Wells on Federal Land

    Jun 26, 2026 | 10 min read
  • kevin doyle MYnz09IPZFY unsplash 1

    Weekly Wastebasket

    Pentagon Flailing to Dramatically Increase Its Budget

    Jun 26, 2026 | 8 min read
  • Trump delivers remarks at the Mack Trucks facility in Pennsylvania

    In The News

    Trump’s $88B Iran War Supplemental Would Reward the Contractors Funding His Fourth of July Bash

    Jun 26, 2026 | 0 sec read
  • Steve Ellsi speaking on a Bloomber Radio video podcast

    In The News

    Bloomberg News – Balance of Power June 25, 2026: Trump Spars With Disaffected Senate

    Jun 26, 2026 | 45 sec read

×
 
DONATE

Stay up to date on our work.

Sign up for our newsletter.

"*" indicates required fields

Issue Interests

SUPPORT TAXPAYERS FOR COMMON SENSE

Help us bring common sense to Washington.

  • ISSUES
  • Agriculture
  • Budget & Tax
  • Disaster
  • Energy & Natural Resources
  • Transportation & Infrastructure
  • National Security
  • OUR WORK
  • Analysis
  • Our Take
  • Weekly Wastebasket
  • Letters to the Hill
  • Statements
  • Data & Documents
  • Podcast
  • Reports
  • ABOUT
  • Overview
  • Careers
  • In the News
  • Staff & Board of Directors
  • Awards
  • Annual Reports
  • Privacy Policy
  • State Disclosures
  • IRS Compliance
  • Terms of Use
CONTACT US
General Inquiries
  • info@taxpayer.net
  • 202-546-8500
Press Team
  • media@taxpayer.net
  • 202-546-8500 (ext.106)
Got a confidential tip?

Or, search all our articles with our Advanced Search.

© Taxpayers for Common Sense | 651 Pennsylvania Ave, SE | Washington, DC 20003 | 202-546-8500 | Contact Us
Website Design by Get Sharp, Inc.
FacebookXYouTube
Page load link
Sign-up for the Weekly Wastebasket
____________________________
Our weekly newsletter highlights wasteful government
spending – along with our solutions.
We use cookies to broadly understand analytics only on this website. We use third party embeds to host some content as well. If you continue to use this site, we will assume you're okay with this. Accept & Close
Go to Top