Government Loophole Gave Oil Companies an $18 Billion Windfall
Published by The New York Times Science & Environment
A 1990s effort to encourage drilling in the Gulf of Mexico has cost the government $18 billion in lost revenue from oil royalties, according to a new report.
Read the full article at: https://www.nytimes.com/2019/10/24/climate/oil-lost-revenue-gao.html?emc=rss&partner=rss
