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Center for American Progress Center for American Progress
Doing What Works

Energy

dr. martin feldstein Eliminating Big Oil Tax Loopholes Won't Lead to a Tax Increase: Seth Hanlon and Daniel J. Weiss explain why oil company lobbyists are wrong when they claim that ending handouts to companies will increase taxes.

Seth Hanlon Why Oil Companies Don't Need Tax Subsidies: Seth Hanlon explains why we don't need to give tax subsidies to oil companies.

Exxon Mobil Big Oil’s Misbegotten Tax Gusher: Seth Hanlon shows how oil and gas companies are poised to reap more than $70 billion in tax breaks over the next 10 years, even as they rake in billions in profits that are squeezing ordinary Americans at the pump.

rep. sander levin A Golden Opportunity to Evaluate Energy Tax Expenditures: A new green jobs bill offers lawmakers a chance to establish performance measures for energy tax expenditures, argue Richard W. Caperton and Sima J. Gandhi.

oil pump Turn Off the Oil Subsidy Spigot : Congress dropped the ball three weeks ago on eliminating big oil tax subsidies, but it still has a chance to act, writes Sima J. Gandhi.

Why Do We Give Oil Companies Such Large Subsidies?: Sima J. Gandhi explains why oil companies get such large government handouts, why they take such little responsibility when they cause disasters, and what we can do to hold them more responsible.

The Big Oil Discount: BP and other oil companies are able to take advantage of many loopholes and subsidies that distort the marketplace to their advantage, writes Sima Gandhi.

Eliminating Tax Subsidies for Oil Companies: President Obama proposes eliminating nine different tax expenditures primarily benefiting oil companies in his 2011 budget, would save the government about $45 billion over the next 10 years, writes Sima J. Gandhi.

Pumping Tax Dollars to Big Oil: It’s time for Congress to re-examine its priorities when it comes to tax subsidies for oil companies, which total billions of dollars a year.

America’s Hidden Power Bill: Report from Richard W. Caperton and Sima J. Gandhi argues that federal tax expenditures for energy should receive equal treatment with direct spending in the budget process.

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