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Energy & Fuel

"As Oil Industry Fights a Tax, It Reaps Subsidies"

Proposals afloat in Congress would raise taxes on the oil industry to help pay for spill cleanup. The industry objects, claiming the burden would harm not only companies, but the country. But the oil industry already gets tens or hundreds of billions in tax breaks and outright subsidies from the federal government.

Source: NYTimes, 07/06/2010

TOOLBOX: Denver Post Finds Thousands of Drilling Spills in Colorado

A big fraction of the leaks and spills involved not merely oil, but produced water containing hydraulic fracturing fluid. You'll find lots of useful data on the Oil and Gas Conservation Commission website.

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