Big Oil giveaway could get worse
When the government awards energy companies the rights to drill for offshore oil and gas, it’s supposed to make sure the American public, which owns the resources, doesn’t get screwed. Drilling Down: Big Oil's Bidding When the government awards energy companies the rights to drill for offshore oil and gas, it’s supposed to make sure the American public, which owns the resources, doesn’t get screwed. The government is required by law to use “competitive bidding” and to ensure that taxpayers receive “fair market value.” However, decades of data suggest that the government has been falling down on the job, a Project On Government Oversight analysis found. Read the analysis Read our press release Read coverage of our analysis: Trump's offshore drilling proposal has a cost besides potential oil spills | The Washington Post Royalty panel should fix 'dysfunctional' leasing — report | E&E News Oil Companies Are Having...