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"Do Oil Companies Really Need $4 Billion Per Year of Taxpayers’ Money?"

"What would happen if the federal government ended its subsidies to companies that drill for oil and gas?

The American oil and gas industry has argued that such a move would leave the United States more dependent on foreign energy.

Many environmental activists counter that ending subsidies could move the United States toward a future free of fossil fuels — helping it curtail its emissions of heat-trapping carbon dioxide into the atmosphere."

Eduardo Porter reports for the New York Times August 5, 2016.

Source: NY Times, 08/08/2016