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.