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
Aug 27, 2019 | 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

Half a Million Acres on the Oil & Gas Auction Block

Half a Million Acres on the Oil & Gas Auction Block

Nov 13, 2026
Taxpayers at Risk of Shouldering Costly Liabilities in the Arctic

Taxpayers at Risk of Shouldering Costly Liabilities in the Arctic

Nov 13, 2026
TCS to Congress: Finish this Congress with Fiscal Responsibility

TCS to Congress: Finish this Congress with Fiscal Responsibility

Nov 12, 2026
Missoula Current: Rule to expand USFS grazing prompts praise, pushback Rule to expand USFS grazing prompts praise, pushback

Missoula Current: Rule to expand USFS grazing prompts praise, pushback Rule to expand USFS grazing prompts praise, pushback

Nov 12, 2026
TCS Highlights Taxpayers Risks of a Proposed Rule in the Arctic

TCS Highlights Taxpayers Risks of a Proposed Rule in the Arctic

Nov 10, 2026
EPA Proposes Broader Rollback of Methane Waste Safeguards

EPA Proposes Broader Rollback of Methane Waste Safeguards

Oct 30, 2026

Most Read

Recent Content

  • WesternArctic17 scaled

    Our Take

    Taxpayers at Risk of Shouldering Costly Liabilities in the Arctic

    Nov 13, 2026 | 5 min read
  • The 119th Congress poses for a group shot in the House Chamber

    Letter

    TCS to Congress: Finish this Congress with Fiscal Responsibility

    Nov 12, 2026 | 8 min read
  • 1024px FEMA 28209 Photograph by Marvin Nauman taken on 02 07 2007 in Washington

    Op-Ed

    A Smaller FEMA Won’t Make the Next Disaster Cheaper

    Nov 12, 2026 | 6 min read
  • Pickup Truck wading through floodwater

    Comments

    TCS Comments on Hazard Mitigation Grant Program Requirements

    Nov 12, 2026 | 3 min 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