What is the total amount of money the us government has spent providing oil subsidies to the oil industry beginning in the year 1930?

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1218198

2026-03-12 10:30

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The total amount of money the U.S. government has spent on oil subsidies since 1930 is estimated to be over $600 billion. This figure includes direct subsidies, tax breaks, and other financial incentives provided to the oil industry. The exact amount can vary depending on the specific definitions of subsidies and the time frame considered. Ongoing analysis and reports from organizations may update these figures as new data becomes available.

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