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Obama Budget Repeals $30 Billion in Oil and Gas Giveaways

Posted Mar. 11, 2009 / Posted by: NBerning

President Obama’s first budget did away with over $30 billion in giveaways to oil and gas companies. Friends of the Earth has been working for years to end these give aways to multi-national companies that are earning record profits.  Congress should follow the President's lead and act immediately to return this money to taxpayers. Click here to join us in sending this message to Congress.

Download Friends of the Earth's fact sheet on the oil and gas subsidies (pdf) or read more in our report (pdf) on these and other subsidies to the oil and gas industry.

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