Wednesday, February 19, 2025

Tag: oil and gas industry

For decades, the oil and gas industry got taxpayer help from...

“Shale companies often struggled with their finances already early on and this BS American Dream story of ‘resilience, experimentation, and perseverance’ would have likely been impossible without the [production tax credit].”

Trump admin looks to use federal COVID relief funds to prop...

“The fossil fuel industry wants us to believe its financial woes are just the result of COVID-19, but that’s a lie — these problems have been mounting for years as oil companies and banks made ever-riskier bets on extraction projects hurting communities and wrecking the climate.”

Big banks pull financing, prepare to seize assets from collapsing oil...

The big banks funded the money-losing fracking industry for the past decade just like they funded the housing crisis — but the reality is, just like in the housing crisis, the coming bailouts will protect the banks.

Oil and gas firms reward politicians when they vote against the...

“These findings are troubling, considering that Congressional candidates are much more likely to win if they raise more money than their opponents.”

Weeks Before Dakota Access Pipeline Protests Intensified, Big Oil Pushed for...

Using NWP 12 to permit major pipeline projects in a quiet and less transparent manner made its debut in the Obama White House.

POPULAR

What the tawdry stunt to rename the Gulf of Mexico exposes about appalling, arrogant...

Behold imperial bellowing, another classic MAGA “bargain” that costs millions and lowers our prestige.

Trump’s education department freezes civil rights investigations while targeting schools over ‘culture war’ issues

Since returning to office, the Trump administration has stalled thousands of civil rights investigations in education while redirecting federal enforcement toward politically motivated cases.

Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

Trump official destroying USAID secretly met with Christian nationalists abroad in defiance of US...

Peter Marocco’s turbulent tenure during the first Trump administration sheds light on his current efforts to dismantle the American foreign aid system from the inside out.

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.