Boehner calls for look at repealing oil & gas subsidies

Speaker of the House John Boehner (R-OH) called today for consideration of repeal of federal multi-billion-dollar subsidies to the oil & gas industries, observing that the national Treasury needs money and that oil and gas companies should pay “their fair share.”

Certainly, subsidies to the fossil fuels industries, some of which are permanent fixtures of the U.S. tax code and have been in place for nearly 100 years, deserve serious scrutiny.  For more on this issue, see this previous post (Thoughts on renewable energy and energy subsidies, February 4) by Liz Salerno, AWEA's Chief Economist.