Government Loophole Sacrificed $18 Billion to Big Oil

EcoWatch
By Jordan DavidsonOct 25, 2019, 12:22 pm128 pts
Federal investigators found that big oil companies have taken advantage of a government loophole that gave energy companies a break on paying royalties when drilling in deep water. The loophole has allowed some of the world's largest energy firms to pocket an extra $18 billion, as Bloomberg reported. The…

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