OBBBA

A Big, Ugly Boost for the Oil and Gas Industry
July 28, 2025

A Big, Ugly Boost for the Oil and Gas Industry

On July 4, 2025, President Trump signed into law the “One Bill Beautiful Bill Act” (OBBA), ushering in sweeping spending cuts on social services to pay for huge tax cuts for billionaires and investments in border “security.” The bill guts clean energy tax credits, vehicle fuel efficiency standards, environmental protections, and pollution-reduction programs. Its rollbacks […]