The Progressive


A project of Common Dreams

For Immediate Release

Lukas Ross, (202) 222-0724,, Aisha Dukule, (202) 893-3502,

API CEO Spews Double-talk on Polluter Bailout

Talking points ignore tax cuts, stimulus loans and royalty relief.


Mike Sommers, the CEO of the American Petroleum Institute, denied in a webinar today that the oil and gas industry was seeking a bailout as part of coronavirus response, claiming "This industry is not interested in an industry specific bailout."

Sommers also touted the 45Q tax subsidy for enhanced oil recovery as a climate solution, even though the IRS Inspector General recently found that nearly $1 billion in credits had been fraudulently claimed as part of the program.

Friends of the Earth Program Manager Lukas Ross issued the following statement in response:

"Oil lobbyists are spewing blatant lies, and we have the receipts. Big Oil has already nabbed $1.9 billion in giveaways thanks to corporate tax cuts from the last stimulus. Polluters also haven't been shy about demanding even laxer standards for stimulus lending--and the Trump administration has so far granted their wishes.

If polluters want to deny the existence of the ongoing bailout, Congress should swiftly repeal these blatant corporate tax giveaways and make fossil fuels ineligible for stimulus lending programs. In the meantime, members of the press should double-check these lies before giving these vapid talking points any more oxygen."

Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.

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