What???? This is completely unbelievable and completely true….What the Fuck?
cd
WASHINGTON, Feb. 13 — The federal government is on the verge of one of the biggest giveaways of oil and gas in American history, worth an estimated $7 billion over five years.
New projections, buried in the Interior Department’s just-published budget plan, anticipate that the government will let companies pump about $65 billion worth of oil and natural gas from federal territory over the next five years without paying any royalties to the government.
Based on the administration figures, the government will give up more than $7 billion in payments between now and 2011. The companies are expected to get the largess, known as royalty relief, even though the administration assumes that oil prices will remain above $50 a barrel throughout that period.
Read the rest at NY Times
U.S. Has Royalty Plan to Give Windfall to Oil Companies – New York Times
A crypto startup called Petshitter — a platform to turn dog waste into crypto, pay people to collect it, and solve a real problem no one in tech has touched. A ridiculous ticket to $3 million in VC funding, a military-grade hazing boot camp, and a seat at the table of the most corrupt, brilliant, and self-congratulatory ecosystem in human history.
CD Damitio writes at indignified.substack.com — essays on utopias, dystopias, and the spaces between. Free to read. No algorithm, no sponsored content. His books can be found on Amazon at https://www.amazon.com/stores/CD-Damitio/author/B001JP7NWA
CD Damitio writes INDIGNIFIED — utopias and dystopias explored. Free to read.
