Oil industry leaders will testify before Congress today. Their message: Cutting oil subsidies is discrimination! Expand oil and gas production, instead, because that’s somehow good for everybody. And, anyway, oil companies pay more than enough taxes, if you ask the oil companies. If you ask anyone else, they pay a lower rate than the average American. The U.S. is already expanding offshore oil production: Shell just received permission to start a new drilling project in the Gulf of Mexico. Nothing could possibly go wrong with offshore drilling in the Gulf of Mexico, right? Renewable energy projects, on the other hand, …
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