Sentences with phrase «oil and natural gas industry pays»

The U.S. oil and natural gas industry pays its fair share.

Not exact matches

FracFocus's operational costs are paid for by the oil and gas industry lobbying groups American Petroleum Institute (API) and America's Natural Gas Alliance (ANGgas industry lobbying groups American Petroleum Institute (API) and America's Natural Gas Alliance (ANGGas Alliance (ANGA).

Authoritative sources such as EarthTrack have placed the fossil fuel industry's tax and fiscal subsidies at around $ 25 billion a year, a figure that pales beside the roughly $ 1,000 billion (one trillion dollars) paid annually for coal, oil and natural gas burned in the U.S. Do the math: withdrawing those subsidies would lead to at most a 2 - 3 percent rise in the market prices of fossil fuels — scant incentive to reduce their use and concomitant emissions of CO2.