Stop Waiting for a Windfall Tax on Big Oil. Here’s the Real Reason They Get Away With It.
Big Oil is raking in record wartime profits while you struggle at the pump, and the government refuses to implement a windfall tax. But this isn’t just a failure of regulation or a victory for corporate lobbying. The lack of a windfall tax is a deliberate choice: painfully high gas prices are the invisible, de facto subsidy forcing the green energy transition.