Stockholm Environment Institute: Federal Subsidies Boosted US Shale Oil and Gas Profits by Billions of Dollars, Study Finds
June 24, 2021
June 24, 2021
STOCKHOLM, Sweden, June 24 (TNSRep) -- The Stockholm Environment Institute issued the following news release:
A new SEI analysis finds that federal oil and gas subsidies helped spur and sustain the US shale boom.
The US government added as much as $20 billion a year to the value of new oil and gas projects over the last two decades, amplifying companies' expected profits during the shale booms in the Bakken Formation, Haynesville Shale and Appalachian, Eagle Ford a . . .
A new SEI analysis finds that federal oil and gas subsidies helped spur and sustain the US shale boom.
The US government added as much as $20 billion a year to the value of new oil and gas projects over the last two decades, amplifying companies' expected profits during the shale booms in the Bakken Formation, Haynesville Shale and Appalachian, Eagle Ford a . . .