Crossposted from Hillbilly Report.

The Oil and Gas Companies definately get the best of both worlds, unlike the American taxpayer. While extracting natural resources from public lands that are owned by all of us, they also get to take us for a ride in more ways than just gouging prices. An ideas piece by Nick Rahall, the Chairman of the House Committee on Natural Resources has spelled out some of this welfare given to Corporations that posted record profits on the backs of the American consumer in the last several years.