Will U.S. Oil and Gas Tax Breaks Really Disappear? Here's Why It's Unlikely
U.S. oil and gas tax breaks are likely here to stay, even with upcoming political changes. Both Harris and Trump recognize these incentives are crucial for supporting jobs, maintaining energy independence, and keeping swing states happy. With global tensions high and the economy relying on domestic energy, cutting these tax advantages would be a risky move. For investors, this means U.S. oil and gas remains a steady and appealing option.
November 2, 2024
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