Recent Streetsblog USA posts about Oil

Coming Soon: Super-Partisan “Oil-For-Infrastructure” Transpo Bill

By Tanya Snyder | Nov 4, 2011 | 6 Comments

“In the coming weeks, House Republicans will formally introduce an energy & infrastructure jobs bill, and hope to move the legislation through the House before the end of the year,” House Speaker John Boehner announced yesterday. Back in September, the Speaker let slip that the GOP would like to “link the next highway bill to an […]

Republicans Have Their Own Plan to Pay for Infrastructure Jobs: Oil Drilling

By Tanya Snyder | Sep 30, 2011 | 8 Comments

President Obama has proposed a plan to pay for the American Jobs Act, the $447 billion bill to create 1.9 million jobs, including $50 billion for infrastructure. His “pay-for” plan includes limitations on itemized deductions for the wealthy and the elimination of some tax loopholes for oil and gas companies. Republicans have a different idea, […]

Exxon: ‘One Mega-Highway, Please.’ Texas: ‘Coming Right Up’

By Angie Schmitt | Sep 13, 2011 | 10 Comments

It’s generally difficult to determine exactly how and to what extent the shadowy hand of Big Oil is at work in our publicly funded infrastructure decisions. Some of the more notable exceptions over the past few years have included the Koch Brothers-Scott Walker Wisconsin roads bonanza. Or the attempted assassination of the Cincinnati Streetcar by […]

Big Oil Lobbies to Keep Its Tax Breaks Off the Table in Debt Talks

By Deron Lovaas | Jul 15, 2011 | 2 Comments

Deron Lovaas is the federal transportation policy director for the Natural Resources Defense Council. This story is cross-posted on his blog. As debt negotiations continue in Congress, President Obama appears to be sticking to his guns on repealing the enormous tax breaks enjoyed by the oil and gas industry. The industry takes advantage of tax […]

So Many Subsidies for Big Oil, So Little Political Will to End Them

By Tanya Snyder | May 13, 2011 | 4 Comments

Lisa Margonelli, director of the New America Foundation’s Energy Productivity Initiative, hit the nail on the head on the problem with Congressional action on oil subsidies. Yesterday, she wrote in Politico that ending Exxon’s unjustifiable tax breaks would be nice, but there are far more egregious examples of U.S. government handouts to big oil: Really, […]

Republicans Still Swear Drill, Baby, Drill Is the Best Way to Lower Gas Prices

By Tanya Snyder | May 4, 2011 | 4 Comments

Democrats and Republicans are jockeying for the title of Gas Price Slasher, though neither party has a plan that has any potential to reduce prices. While Democrats propose cutting oil company subsidies, Rep. Doc Hastings (R-WA) has introduced three bills to expand oil drilling, saying that they’ll spur employment in the Gulf and reduce U.S. […]

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