The Myth of Oil & Gas Taxpayer Subsidies
Posted January 30, 2012
In the video below API tax policy advisor Brian Johnson explains why rhetoric about oil and natural gas companies benefiting from taxpayer subsidies is just that, rhetoric.
Creating much of the confusion is the way terms like “subsidies” and “deductions” get used interchangeably. Does the oil and natural gas industry benefit from taxpayer subsidies? “Nothing could be further from the truth,” Johnson says. Take a look:
About The Author
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.
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