U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting | For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies.
U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting | For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies.
Offshore drilling began in California in 1896, when operators in the Summerland Oil Field in Santa Barbara County followed the field into the ocean by drilling from piers built out over the ocean. At least 187 offshore oil wells were drilled in the Summerland Field by 1902. A number of other coastal fields were extended
Yeah, that’s a real photo. L.A. was built on oil.
Standing over 150 feet tall, the so-called Tower of Hope on the campus of the Beverly Hills High School started as a bland concrete spire, and was later covered with colorful art. To a casual observer, its purpose is shrouded in mystery — why build such a thing in the first place? The tower was
Biden isn’t really doing anything more than Obama did, request that they not be in the budget Congress presents. With as many coal, oil and gas friendly Democrats in Congress there will never be a budget without their inclusion. Hell, Obama enjoyed a D majority and it didn’t happen then.
It would take some serious strong-arm tactics to get the oil etc subsidies stopped. I don’t think bidens gone yet that though.