Ars Technica | At $50 a barrel, billions in tax breaks keep many oil projects ... Ars Technica Enlarge / MIDLAND, TX - JANUARY 20: A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field on January 21, 2016 in the oil town of ... The Oil Industry Needs Taxpayers To Prop Up Nearly Half Of Its New ... |