| In its report "Federal Financial Interventions and Subsidies in Energy Markets 2007," the U.S. Energy Information Admin estimated that FY 2007 subsidies for the oil & natural gas industry totalled $2.1 billion. Center for American Progress identifies the worst of these tax loopholes and lost royalties that involve Big Oil. Correcting these provisions would raise $25.9 billion over 10 years. |
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At thinkprogress.org
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.