India's oil subsidy burden is reaching a breaking point. As state-owned producers like IOC and BPCL absorb rising costs, New Delhi faces a critical choice: sustain energy support or fuel broader economic growth. Read how energy subsidies are signaling deeper fiscal pressures.

#India #EnergyPolicy #Geopolitics #Economics #OilSubsidies #PolicyAnalysis

— LeadersCartel Intelligence

https://leaderscartel.com/intelligence/2026/06/07/indias-oil-subsidy-drain-collides-with-growth-headwinds

India's Oil Subsidy Drain Collides With Growth Headwinds

New Delhi's energy support costs are straining state-owned producers and signaling broader economic instability.

LeadersCartel

@Ilka4You
RE
#Venezuela has oil, #felon47 wants (it)

US #fossilfuelindustry gets #taxbreaks and #oilsubsidies while making billions of profit from everybody

@ddayen.bsky.social
RE
stop #fentanyl trafficking from a country that does _not_ traffic that drug, claiming its leader is trafficking ⭕drugs himsel

Sounds like the #russianpropaganda that #zelenskyy is taking drugs. I heard this misguided BS from an eastern #Ukrainian teenager and BBC

@KimPerales
Thx 4 orig David boost

@davidho Issue is always: for petroleum and gas companies, these costs are externalities. They continue to benefit, to top it off, from a 1.3 trillion dollar per year subsidy. Over one trillion dollars! Plus another 6 trillion dollars in indirect subsidies.

https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion

#FossilFuels #CO2 #GlobalWarming #ClimateChange #OilSubsidies

Fossil Fuel Subsidies Surged to Record $7 Trillion

Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change

IMF

Climate protestors in Spain are blocking roads, whether they want to or not. Photo from ClimateDefiance at that other site.

#ClimateCrisis
#ClimateProtest
#NewNormal
#ClimateDiary
#ClimateDisaster
#ClimateChange
#Climate
#OilSubsidies

why is #exxon #mobile spending millions of dollars on Tee Vee advertising how "wonderful" their products are and how they drive you into your future ??
F*** you! #bigoil
Time to make you pay for the damage done to our Earth!
#ClimateAction #ExtinctionRebellion #taxtherich #oilsubsidies #fossilfools #exxonvaldez

I wrote a letter to US Senators Gary Peters and Debbie Stabenow, and to US Representative Debbie Dingell about #ClimateChange, #GlobalWarming, #CarbonEmissions, #FossilFuels, and #OilSubsidies. You can read the full letter at https://www.facebook.com/thedavid.mfano/posts/pfbid0B4p8ofSanFqUMBxpRAqFR5jqUSdSGpsee69xKHsXnCL6BWNyvU3Wdawgx4TNtKwDl

Now it is your turn. Find your elected officials by starting at https://www.usa.gov/elected-officials