claim: "subsidies for oil and gas companies make up 88 percent of all federal subsidies. just cutting the oil and gas subsidies out would save the u.s. government $45 billion every year."
author: keith olbermann
evidence_1: the subsidy reform plan is the most important part of a broader iranian economic  reform plan. according to the government, approximately $100 billion per year is  spent on subsidizing energy prices ($45 billion for the prices of fuel alone) and  many consumable goods including bread, sugar, rice, cooking oil and medicine.
evidence_2: environment, with particular interests in national oil companies, energy security,  energy subsidies, and renewable energy. before .... fossil fuel subsidies that  artificially lower consumer prices are estimated to cost governments around the  globe approximately. $500 billion per year. these subsidies have a host of  negative ...
evidence_3: may 27, 2009 ... in fact, a cap analysis of their investments reveals that the big five oil companies  invested just 4 percent of their total 2008 profits in renewable and .... in fact, a  state-by-state analysis indicates that taxpayers would actually save money if the  hefty subsidies and tax breaks for oil and gas companies were ...
evidence_4: jan 23, 2015 ... saudi arabia didn't want to give up market share and refused to cut production —  in the hopes that lower prices would help throttle the us shale boom. .... if oil  prices keep falling, the iranian government may need to make up revenues  elsewhere — say, by paring back domestic fuel subsidies (always an ...
evidence_5: got a tax subsidy of. $2.1 billion. received $10.3 billion in federal contracts from  2006-2012. general electric. made $88 billion from 2002-2012 and paid just 2.4 % in taxes for ... of offshore tax loopholes that already cost the u.s. treasury $90  billion a year, and cuts to government .... the oil and gas subsidies in the tax code .