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Oil Lobby Chief Jack Gerard Uses Out-Of-Context Finding To Protect Oil Subsidies
American Petroleum Institute President Jack Gerard wants you to know: “We get no subsidies in the oil and gas business.” Of course, the industry receives a total $40 billion in tax breaks over 10 years. Speaking today at a House Energy and Commerce subcommittee hearing on gas prices, Gerard defended the political favoritism citing an [...]
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American Petroleum Institute Ads Claim Without Evidence That Public Opposes Higher Taxes On Big Oil
A new series of oil and gas industry “issue ads” running in seven states claim “Americans oppose” Democratic efforts to eliminate subsidies for the petroleum companies. But a ThinkProgress Green analysis finds the industry claims do... Read Post
Oil Lobby Launches Ads To Thank GOP Super Committee Members For Preserving Billions In Oil Subsidies
The American Petroleum Institute, a umbrella lobbying group for the oil industry, has new ads out thanking GOP members of the Super Committee for preserving billions in oil subsidies. The ads, posted on the industry group’s YouTube ... Read Post
Oil Lobby Says Obama’s Call To End Big Oil Handouts Is ‘Discriminatory’
The oil lobby American Petroleum Institute weighed in on President Obama’s corporate tax reform that closes an array of tax loopholes, including $4 billion in subsidies for the oil industry. Not surprisingly, API is unhappy. API Pre... Read Post