Oil and Gas Companies Continue to Lead on Getting Government Handouts

Oil and gas companies continue to pump the government for cash.  Bloomberg Law News reported that the Administration has granted 76 royalty waivers to oil and gas companies who are drilling for oil on federal land in Utah — lowering the rates from 12.5% to as low as 2.5%. 

Why This Matters:  The giveaways to oil and gas companies in the name of saving jobs just keep coming.

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