The Truth About Oil and Gas Subsidies

Let me state up front that I am a fan of Jon Stewart. I watched The Daily Show for years. He calls attention to many important issues, and he is a formidable debater. But Stewart recently made a claim on his show that promotes a common misconception: “How about we just take $3 billion in subsidies we give to oil and gas companies that turn billions in profits?” It’s a statement that sounds damning—but is it accurate? While this claim resonates with many, it misrepresents how the oil and gas industry operates in relation…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com