Congress Seeks Trillions in Cuts. Will Oil Industry’s Tax Breaks Skate By?
"With a $4.5 trillion fight over tax cuts looming, the oil and gas industry wants to protect billions of dollars in tax benefits it enjoys and get new ones, too."
"With a $4.5 trillion fight over tax cuts looming, the oil and gas industry wants to protect billions of dollars in tax benefits it enjoys and get new ones, too."
"Jackson Voss loves his alma mater, Louisiana State University. He appreciates that his undergraduate education was paid for by a program dreamed up by an oil magnate and that he received additional scholarships from ExxonMobil and Shell. But the socially conscious Louisiana native was also aware of what the support of those companies seemed to buy — silence."
"President Trump on Thursday signed an executive order intended to boost production of critical minerals in the United States and confirmed a deal to gain access to minerals in Ukraine was still on track.'
"Transportation Secretary Sean Duffy announced the administration was giving New York City a 30-day extension for its congestion pricing plan and putting New York Gov. Kathy Hochul (D) “on notice.”
"After decades of lax oversight, new efforts are underway to protect communities from toxic emissions without putting the industry out of business."
"Trump officials said they would open up areas of Alaska that Joe Biden had made off-limits to oil and gas production, and allow for a gas pipeline to be built across the state."
"Commercial fishermen and seafood processors and distributors looking to switch to new, lower-carbon emission systems say the federal funding they relied on for this work is either frozen or unavailable due to significant budget cuts promoted by President Donald Trump’s Department of Government Efficiency."
"North Carolina lawmakers agreed Wednesday to spend another $528 million on still-pressing needs from Hurricane Helene’s historic flooding nearly six months ago, with an emphasis on home and private road repairs, agriculture and infrastructure to aid businesses."
"The devastating impacts of the climate crisis reached new heights in 2024, with scores of unprecedented heatwaves, floods and storms across the globe, according to the UN’s World Meteorological Organization."
"Every Friday, as he’s done for the last year and a half, Mark Broyles hops in his truck and drives 20 minutes from his home in Big Stone Gap to Duffield, Virginia, to pick up two boxes of free food. Though their contents are always a surprise, as the retired mechanic describes it, he’s able to get “fresh produce and stuff that a lot of us can’t afford because of the price of groceries.”"