BailoutWatch – Tracking government support for the fossil fuel industry.

Big Oil's Wartime Bonus: How Big Oil Turns Profits Into Wealth

Fresh analysis from BailoutWatch, Friends of the Earth, and Public Citizen finds Big Oil plans to spend tens of billions of dollars enriching shareholders, using windfall profits generated from high gas prices amid humanitarian crisis in Europe.

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Latest On Bailout

Reports, news, and analysis on how the fossil fuel industry is using federal bailout money.

Joe Manchin (left) and Kyrsten Sinema (right) walk together through the halls of congress

Analysis

Sen. Sinema Seeks To Preserve “Carried Interest” Tax Break, Fueling Climate Disaster

Sen. Sinema’s play to protect private equity loophole would be a win for dirty energy

Two oil workers working on a rig in protective gear

Analysis

Big Oil Workers Face Pay Cuts and Layoffs While CEOs Cash In

Big Oil blames workers jumping ship for its labor problem. The real reason: A widening pay gap between CEOs and workers.

Two workers twisting a mechanism on an oil rig

Analysis

Top Oil & Gas Firms Increased Layoffs, Cutting 15k Jobs In 2021

Awash in cash, the fossil fuel industry is laying off workers and increasing pay to executives while it funnels funds to insiders and Wall Street

Analysis

All-American Oligarchs: The Big Oil CEOs Profiting From War in Ukraine

Fresh analysis from BailoutWatch and Friends of the Earth finds oil CEOs are billions of dollars richer than they were at the start of the Biden Administration, and have sold shares in their companies worth tens of millions of dollars in the weeks since the war became inevitable.

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President Trump signed the Paycheck Protection Program Flexibility Act in the early days of the pandemic.
fossil fuel infrastructure and power plant
Report

Private Equity Stakeholder Project: Private Equity Propels The Climate Crisis

The private equity industry has pumped hundreds of billions of dollars into fossil fuel companies — offshore drilling in the Gulf of Mexico, fracking operations, pipeline infrastructure and coal power plants — with minimal public scrutiny. Private equity investments in oil and gas are by definition exempt from most public disclosure rules.

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