Dancing to the Corporate Welfare Queen’s Tune

Oil company subsidiesLet’s take one more look at the sad history of efforts in the U.S. Congress to amend the Royalty Relief Act which is costing Americans in terms of revenues due to the Treasury and at the gas pump.  It’s not like there haven’t been opportunities for the Congress to take up this issue and do something which would benefit consumers and the U.S. Treasury at the same time.   Perhaps the following chart is an indication of why enacting legislation to at least modify the royalty relief has been all but impossible:

Oil Gas Lobby

August 9, 2009 H.R. 3534 Consolidated Land, Energy, and Aquatic Resources Act passed the House 209-193 (roll call 513) August 4, 2010 placed on Senate Legislative Calendar.  This is as close as we’ve come to amending the royalty relief provisions.

January 26, 2010 H.R. 4561 Royalty Relief for American Consumers Act Referred to the Subcommittee on Energy and Mineral Resources

July 30, 2010 H.R. 6051 Deficit Reduction Through Fair Oil Royalties Act Referred to the Subcommittee on Energy and Mineral Resources

August 10, 2010 S. 3687 Royalty Relief for American Consumers Act Referred to the Committee on Energy and Natural Resources

January 26, 2011 H.R. 501 Implementing the Recommendations of the BP Oil Spill Commission Act Referred to the Subcommittee on Workforce Protections on February 25, 2011

February 14, 2011 S. 338 Deepwater Drilling Royalty Relief Prohibition Act Referred to the Committee on Energy and Natural Resources

April 4, 2011 H.R. 1352 Deficit Reduction Through Fair Oil Royalties Act Referred to the Subcommittee on Energy and Mineral Resources

May 5, 2011 H.R. 1748 Taxpayer and Gas Relief Act Referred to the Subcommittee on Energy and Mineral Resources

November 16, 2011 H.R. 3446 Fair Payment for Energy and Mineral Production on Public Lands  Referred to the Subcommittee on Energy and Mineral Resources

February 8, 2013 H.R. 601 Permanent Repeal of Oil Subsidies Act
Referred to the Subcommittee on Energy and Mineral Resources on February 21, 2013

February 11, 2013 S. 278 Job Preservation and Sequester Replacement Act Referred to the Committee on Finance

February 11, 2013 S. 277 Job Preservation and Economic Certainty Act Referred to the Committee on Finance

February 13, 2013 S. 307 Close Big Oil Loopholes Act Referred to the Senate Finance Committee February 13, 2013

February 14, 2013  S 329 Sustainable Energy Act Referred to the Committee on Finance

March 18, 2013  S.598 Deepwater Drilling Royalty Relief Prohibition Act
Referred to Senate Committee on Energy and Natural Resources

August 1, 2013 H.R. 2956 End Welfare for Big Oil Act  Referred to the Subcommittee on Energy and Mineral Resources

November 21, 2013 S. 1762 End Polluter Welfare Act Referred to the Committee on Finance Referred to the Subcommittee on Conservation, Energy, and Forestry

Isn’t it interesting that our federal government would be interested in cutting funds for the Low Income Home Energy Assistance Program [CNN] but can’t seem to budge beyond the padded chairs in the committee chambers when the topic of eliminating or reducing the royalty relief offered to the Energy Giants comes up?

Current funding for LIHEAP is sufficient to cover only about one in five families who would be eligible for such assistance.  [SLIHEAP pdf]  Somehow we seem to be quite able to address 100% of the multinational fossil fuel corporation needs?

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