Learn the Issues
Despite misplaced rhetoric of “tax-breaks” and “giveaways,” America’s oil and natural gas producers do not receive a single dollar in government subsidies. In fact, deductions provided to independent oil and natural gas producers are no different than those provided to technology companies for research and development, farmers for fertilizer, and manufacturers for steel and pipe. Unfortunately, this reality gets lost in the political rhetoric and finger-pointing that is all too common in the US conversation about energy taxes. Dig deeper on the issues to get the real energy tax facts.