US Oil received 44% of US Energy Incentives, 1950-2010

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Why is it that the Oil industry, the world's most profitable energy sector, has recv'd 44% of all US energy subsidies since 1950? I don't get it. A new report commissioned by the Nuclear Energy Institute, “60 Years of Energy Incentives: Analysis of Federal Expenditures for Energy Development” shows the numbers:

Between 1950 and 2011 US Oil recv'd $369 Billion out of a total $837 Billion.

Read the report: http://www.nei.org/resourcesan…

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