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How Lobbyists Helped Secure Billions in Taxpayer Subsidies For Big Oil Companies ..
A new report by Government Accountability Office estimates the oil and gas industry will be able to avoid paying between 20 and 80 billion dollars in royalties to the government. Industry lobbyists helped secure a provision passed by Congress 10 years ago subsidizing oil drilling in the Gulf of Mexico. We speak with Edmund Andrews, the New York Times reporter who exposed the story.
A new report by Government Accountability Office estimates the oil and gas industry will be able to avoid paying between 20 and 80 billion dollars in royalties to the government. Industry lobbyists helped secure a provision passed by Congress 10 years ago subsidizing oil drilling in the Gulf of Mexico. We speak with Edmund Andrews, the New York Times reporter who exposed the story.
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