THE DAKOTA ACCESS PIPELINE’S MASSIVE GOVERNMENT SUBSIDIES

(Headline is in all caps - not my doing)

Summary

The following analysis shows that the Dakota Access Pipeline’s two largest owners – Enbridge Energy Partners (EEP) and Energy Transfer Partners (ETP) – cost taxpayers as much as $665 million in 2015, by avoiding corporate taxes. Furthermore, the Federal Energy Regulatory Commission (FERC) allows pipeline companies to charge their customers for some of those avoided taxes, meaning that EEP and ETP can pass along to customers a “cost” they never paid in the first place, in a double whammy to taxpayers and ratepayers. The companies also benefit from additional state and federal tax breaks and subsidies not estimated here.

http://priceofoil.org/content/uploads/2016/09/Dakota_Access_Pipeline_sub...

***

That Jug earred fake in the White House only temporarily halted the pipeline construction. And Shillary loves her some fracking, so basically I think we're screwed.

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snoopydawg's picture


Summary
The following analysis shows that the Dakota Access Pipeline’s two largest owners – Enbridge Energy Partners (EEP) and Energy Transfer Partners (ETP) – cost taxpayers as much as $665 million in 2015, by avoiding corporate taxes. Furthermore, the Federal Energy Regulatory Commission (FERC) allows pipeline companies to charge their customers for some of those avoided taxes, meaning that EEP and ETP can pass along to customers a “cost” they never paid in the first place, in a double whammy to taxpayers and ratepayers. The companies also benefit from additional state and federal tax breaks and subsidies not estimated here.


I'm am beyond disgusted with the whores in our government at all levels being bought out by the banks, insurance, pharmaceutical, oil, defense and all of the other industries.
How can these industries qualify for these huge tax breaks and subsidies or be allowed to keep their profits off shore but still be allowed to use our infrastructures, roads and be protected by the fire and police departments?
Or for it to be legal that when they buy a company in another country then they sell all of the things that they profit off of here in the states they don't have to pay taxes.
The big companies find a way through 'legal tax loopholes' to not only not have to pay taxes, but also get a tax refund.
Somehow this type of bullshit has to stop!
This is so unfair to
This is so unfair to the rest of us.
There has to be a way for us to get our government officials to start representing us.
Maybe it time for another tea party and kick out our corrupt congress members out of office and make lobbying as illegal as bribery once was.
Good find Amanda!

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Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

Voting is like driving with a toy steering wheel.

Thanks for finding this, Amanda, we would not have known otherwise.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

Amanda Matthews's picture

didn't know whether to scream (or cry). I've been broke for over two weeks (well even when I get money I'm broke because it's gone as soon as I get it.) Seeing something like this is enough to send this old croakette over the edge. There are millions of Amandas in this country and we're getting to the point where we have nothing to lose. The pressure is building in the pot. One of these days, the lid is going to blow and I don't know what will happen.

These bastards (and I do NOT care about the language) are out making a killing, robbing us blind. They're not paying taxes so they're leeching off the public, and then they turn around and charge for the taxes they DIDN'T PAY in the first place. Sitting here alone in the middle of the night and finding stuff like that is not good for my health, mental and otherwise. Not good for any of us. And the day is coming when we don't have anything left to lose. Corporations are stealing us blind and our "leaders' are helping them with the fleecing. Of course, they're not doing it for nothing. Just use the Clintons as a gauge to illustrate how well corruption pays.

Something horrible is happening in this country and i am so afraid for our future. . Look at the two freaking troglodytes that are our 'choices' in this election. Any honest candidates who's main concern lies with the citizens and the country has already been run out of the race, or doesn't have enough support to come close to winning. What's bothering me the most is that the worthless hairball the Democrats have spit out to run is worse than the lying orange ignoramus. And they all wear a price tag on their backs.

Maybe we should pool our money and see if we can buy one of our own?

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

WaterLily's picture

Sadly, our attempts to buy our own candidate were squashed like a millipede under the designer heels of the 1%.

I fear -- coupled with the ongoing, blatant and unapologetic assassination of black males by the cops, among so many other outrageous things -- that the only conceivable outcome is mass uprising. And not of the peaceful kind.

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Steven D's picture

Corporations own the Senate. And the House. And the President.

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"You can't just leave those who created the problem in charge of the solution."---Tyree Scott

Thu, 09/22/2016 - 8:45am — Steven D

Why? Because

Corporations own the Senate. And the House. And the President.

And, don't forget, a majority of the Supreme Court, (along with a number of other judges) once Obama's corporate-friendly Republican pick is included. Not to mention once-protective regulatory agencies of all sorts...

Edited because I chronically change only part of a sentence before posting and needed to remove an overlooked 'a'... if I only had a brain, or at least concussion as an excuse...

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Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

edg's picture

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Oldest Son Of A Sailor's picture

Maybe it time for another tea party and kick out our corrupt congress members out of office and make lobbying as illegal as bribery once was.

The Tea Party was an Astro-Turfed Party created by the Koch Brothers...
The members still have no idea of this and don't know how effectively they were steered...
To this day they swear it was a Grassroots Organization without any directions from high above...

We need to make an similar organization with similar successes but we don't need another Tea Party,,,

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,
Oldest Son Of A Sailor's picture

And the Biggest Whore of All is looking for her coronation...

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,
riverlover's picture

If our money was not used to subsidize military spending, we could afford to have taxes used for infrastructure upgrades that WE, the users, need and want. Those do not include massive pipelines passing though our lands to sell product to someplace else. Dealing with a nimby situation here, upgrading a gas pipeline servicing the NE. It does not service Ithaca, I have no prospect of natural gas lines near my house. I am stuck with a 500 gal bomb of propane next to my house. And THAT was a $12K upgrade of my heating system.

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of affordability, but of too much inflation and availability of labor and other natural resources.

The federal government can always afford anything for sale in its' own unit of account, even if it never collects back the dollars it creates and which we use to pay our taxes.

Since the fed government creates dollars, it is self funding and thus is not revenue constrained. Its' only constraint is too much inflation and availability of real resources.

If you created dollars in your kitchen, you too would not have to earn an income by collecting taxes.

The computer program that issues BitCoin never collects taxes, but continues to issue BitCoin.

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reported in polls I've seen. What we have is a government run by the rich minority for the rich minority.

I sympathize with the 500 gallon propane tank - I have one too. In the mountains, I felt it was needed to run the generator because of the constant power failures. We mainly heated with wood from our property but had a well. Down here in the flat lands, I have propane to augment the heat pump, which doesn't warm the house thoroughly enough, and to run the emergency generator.

Old natural gas systems tend to leak and then explode because no one notices the leak and the gas builds up until a city block and its residents are leveled.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

riverlover's picture

and the propane has mercaptan odorant that I can still smell. They wanted to "upgrade" me to a 1000gal tank, hate backing up the curvy drive through the trees. I refused. If I run out, I still have electric backup heat, just lose hot water, domestic and heating, my system is tankless. Ground source heating might be possible, with more wells. Hot water is not possible for domestic water, from what I can tell. Hot water for domestic use was solar until the rubber failed. Never worked in winter due to snow. But cooked in the summer, way over 140. Too much shade now. I do not want to lose cooling to gain solar.

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know the one house we lived in had citywide gas service and had the added odor. I think explosions occur when a gas leak happens in an unoccupied building and the gas builds up unnoticed and - once in a while - something touches it off. Also, the gas may leak into an underground cavity.

Sounds like you have used a variety of earth-friendly energy sources. Burning wood is hard work but I did it for decades. It was a large wood stove that was encased in sheet metal with ducts to the main floor and a big fan that operated on a thermostat. It was effective.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

riverlover's picture

Then 600 gal water in three steel tanks in a no-drain basement, heated on night rate electricity, which I still have, not the tanks. Too many heating elements and Grundfos pumps.

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compass) and not the road. We had extra-large double pane windows and the passive solar heating in winter was substantial.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

riverlover's picture

Husband who designed was an architect. Also superinsulated, probably breaking-edge for the time. Noe looking at more glass replacement, not affordable. Today my contractor visits to give me an estimate to bring my decks up to code. I need handrails down three stairs, long everywhere. Looks nice.

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Oldest Son Of A Sailor's picture

Closely tied to gasoline prices we can enjoy it now but only guess where the price will fluctuate over the next 20 years...

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,
riverlover's picture

I do like not having a hot water tank, will regret that as well if my pump fails or in a long power outage. Life lessons, still learning.

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Does anyone really believe that we elect people to run our government??? Hell No!!! it is corporations and individuals with this sort of influence and money who are in charge. That is why HRC stealing the primary through election fraud is a "non-issue". The elections are just a smoke screen to appease the masses. And we wonder why the voter turnout is so bad.

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their main civic duty are making a mistake.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

Damnit Janet's picture

I can't believe there are sane, educated people that actually think voting counts.

The mass fraud with voting, registration this round shows that we are totally screwed.

But people seem to think that voting is a thing. Or that somehow their vote is more protected or more important... or that voting is somehow how being politically active.

The entire election process should have it's ugly head cut off. Every vote should count. It shouldn't be so hard to vote but even here in Oregon with the easiest voting ... two in my home were screwed over with registration fraud.

In fact, I just wish the whole damn thing would burn down. Time for a do over anyways.

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"Love One Another" ~ George Harrison

If the average Joe/sophine had any real idea of what was in process, the whole thing would be in flames. That's why the propaganda mill was first set up by those conspiring at this...

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Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

That’s right: If we’re serious about preventing catastrophic warming, the new study shows, we can’t dig any new coal mines, drill any new fields, build any more pipelines. Not a single one. We’re done expanding the fossil fuel frontier. Our only hope is a swift, managed decline in the production of all carbon-based energy from the fields we’ve already put in production.

The new numbers are startling. Only four years ago, I wrote an essay called “Global Warming’s Terrifying New Math.” In the piece, I drew on research from a London-based think tank, the Carbon Tracker Initiative. The research showed that the untapped reserves of coal, oil, and gas identified by the world’s fossil fuel industry contained five times more carbon than we can burn if we want to keep from raising the planet’s temperature by more than two degrees Celsius. That is, if energy companies eventually dug up and burned everything they’d laid claim to, the planet would cook five times over. That math kicked off a widespread campaign of divestment from fossil fuel stocks by universities, churches, and foundations. And it’s since become the conventional wisdom: Many central bankers and world leaders now agree that we need to keep the bulk of fossil fuel reserves underground.

But the new new math is even more explosive. It draws on a report by Oil Change International, a Washington-based think tank, using data from the Norwegian energy consultants Rystad. For a fee—$54,000 in this case—Rystad will sell anyone its numbers on the world’s existing fossil fuel sources. Most of the customers are oil companies, investment banks, and government agencies. But OCI wanted the numbers for a different reason: to figure out how close to the edge of catastrophe we’ve already come.

Recalculating the Climate Math: The numbers on global warming are even scarier than we thought.

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Hawkfish's picture

This was back in 2013. So the smart money has been leaving for years. Someone will be left holding those stranded assets, but no one will push for it until all the big playas have a net positive position...

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We can’t save the world by playing by the rules, because the rules have to be changed.
- Greta Thunberg

Oldest Son Of A Sailor's picture

Will be holding stock in a bankrupt coal company...

Of course Goldman Sachs and others probably have 401K Mutual Fund Mangers that are bullish on coal company stocks... lol The oldest game in the privatization of retirement accounts...

The Other Reality we will be seeing is the coal companies self funded the remediation of closing mountaintop removal & strip mines... When they go bankrupt and the rich have taken their profits and sold their worthless stock, who will pay for the remediation of those site?

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,
Shockwave's picture

These are the two outfits that got the $665 million;

http://www.energytransfer.com/

https://www.enbridgepartners.com/

Thanks for the heads up Amanda.

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The political revolution continues

Amanda Matthews's picture

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

Shockwave's picture

As Dakota Access Protests Escalated, Obama Admin OK’d Same Company for Two Pipelines to Mexico

On September 9, the Obama administration revoked authorization for construction of the Dakota Access Pipeline (DAPL) on federally controlled lands and asked the pipeline's owners, led by Energy Transfer Partners, to voluntarily halt construction on adjacent areas at the center of protests by Native Americans and supporters.

However, at the same time the pipeline and protests surrounding it were galvanizing an international swell of solidarity with the Standing Rock Sioux Tribe and its Sacred Stone Camp, another federal move on two key pipelines has flown under the radar.

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The political revolution continues

Amanda Matthews's picture

Oh, he's transparent all right. It's easy to see right through the phony liar.

He's the cool,' 'classy, well-spoken yet lying weasel. Clinton is the opposite. Openly greedy and dishonest, thuggish and brutal.

They are two sides of the same coin. And they both love fracking, trade agreements, and pipelines.

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

riverlover's picture

a no-show. I watched while on the phone, volume-off is very informative. Much Democratic hand gesticulating. Pagliano is in deep doo-doo, or our government is a farce. I am glad to have DemExited.

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Phoebe Loosinhouse's picture

Since Pagliano didn't show, it all boiled into extended arguments as to whether requesting his appearance when everyone knew he would simply declare the fifth is an abuse of power or not. On completely partisan breakdown the Republicans thought it was not and their duty to call him and the Democrats said it was. On strictly partisan lines they found him in contempt of Congress or their Committee anyway and were going to report out of committee in that regard.

I personally agreed with the Republicans that someone can't just ignore a Congressional subpoena. The Democrats acted like the Republicans were trying to revoke his 5th Amendment Rights and the R's said that was nonsense but he still had to show up and invoke his 5th Amendment rights in person.

Cummings kept harping on it was unethical for lawyers to call witnesses that were not going to co-operate and it was putting members who had law licenses at risk. This was effectively rebutted by an R who said all of Congress was protected from any civil rebuke/punishment that was a result of their legislative activities. Dem said calling it a "national Security breach" was BS since Comey said there was no evidence of hacking - rebutted by Chaffetz saying that Comey said there was no evidence but they didn't really expect to find any from the good hackers. (Side note - some discussion in bloggosphere today of whether Comey was wrong, mispoken, or dissembling when he said that Guccifer did not have access to the server and that was a lie byGuccifer, because I guess Guccifer's files have turned up in some dark alley of the internet and he did have access to the server. I thought that had already been established with the Presidential doodles of President Clinton?) Other R's pondering out loud how strange it was that the FBI paid no attention to possible perjury and/or destruction of documents and/or obstruction. A real mish mosh.

Some discussion about his immunity which I gathered they had read, and it was "limited immunity".

Trey Gowdy was pissed because he said in the past it was standard to practice to make any immunity dependent upon the witness co-operating with other governmental entities and being truthful but apparently that wasn't the case with Pagliano.

Summary - The Dems were "get over it" and the Repubs were "we're not over it".

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" “Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough.” FDR "

riverlover's picture

shamed all the Dem members of the committee on their individual FB pages, my term #demshaming. I hope it catches on.

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'Unethical' essentially vetting an appallingly, insanely corrupt and unethical Presidential candidate claimed by the Dems to have come out 'still standing' (if only because propped up by the support of powerful backers set on complete global conquest using the US military and other public resources, among other things, having already overall corrupted government in all branches, many of these therefore also propping her up) after intensive 'vetting' (if propped up by the protection of powerful backers set on complete global conquest using the US military and other public resources, among other things, and by that of much of the already overall corrupted government in all branches) forcing me to be grateful to Republicans?

The public interest may not be the concern it should be with Republicans generally, but if not for them, there would be no attempt at any official inquiry at all. (Can't count the FBI, evidently.)

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Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

elenacarlena's picture

Screenshot (189).png

Screenshot (190).png

Someone's karma seems a tad damaged.

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