Of the $35 billion in subsidies the US government shovels to Big Oil every year, more than $7.5 billion goes to encouraging it to pump oil and gas abroad. So taxpayers are buying all of the global heating without any of the (alleged) job creation.

Of the $35 billion in subsidies the US government shovels to Big Oil every year, more than $7.5 billion goes to encouraging it to pump oil and gas abroad. So taxpayers are buying all of the global heating without any of the (alleged) job creation.

https://www.bloomberg.com/opinion/articles/2025-10-29/oil-subsidies-are-bad-exporting-7-5-billion-of-them-is-worse?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2MTc0MDQ3OSwiZXhwIjoxNzYyMzQ1Mjc5LCJhcnRpY2xlSWQiOiJUNFc1QTVHUEZITVMwMCIsImJjb25uZWN0SWQiOiIxMkE1QzVFRUNERDg0NUJEQjVFOTM1MUE0Mzk4QTAxNCJ9.Cac79yUMpot8-rFmhQ6ZnrVwP6NpV3s4xAI5aANYJvA

by simon_ritchie2000