WASHINGTON — Amid record industry profits and rising climate damages, a new NRDC (Natural Resources Defense Council) report documents 57 federal and state subsidies that the fossil fuel industry receives in the Permian Basin in Texas and New Mexico that…
A new NRDC report shows how, despite the need to curb fossil fuel production, outdated tax giveaways incentivize further extraction in the country's largest oil and gas region.
Two oil-by-rail projects carrying Uinta Basin crude oil aimed for transport beside the Colorado River are facing growing headwinds, with the Wildcat Loadout expansion now paused and the Uinta Basin Railway losing another key permit.