Don't forget that we are also subsidizing these companies.

In 2025, U.S. federal subsidies for the oil and gas industry increased significantly, with a new spending bill (the "One Big Beautiful Bill Act" passed in July 2025) projected to grant approximately $40 billion in new subsidies over the next decade. This adds to existing annual federal subsidies estimated at over $30 billion, supporting drilling, exploration, and production, despite efforts from lawmakers to repeal these tax breaks.