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$20byr Graphic $20byr

Social media is buzzing about the $20B/yr in US tax breaks for oil and gas, with debates on subsidies and their impact. Elon Musk is advocating for ending all subsidies for fair competition.

About $20byr

Discussions and analysis of the $XX billion in annual US tax breaks for the oil and gas industry.

Insights #

Engagements: XX #

Engagements Line Chart
Engagements 24-Hour Chart Data
Current Value: XX
Daily Average: XXX
1 Month: XXX -XX%
1-Year High: XXXXX on 2025-05-12
1-Year Low: X on 2025-05-15

Social Network X
Engagements XX

Mentions: X #

Mentions Line Chart
Mentions 24-Hour Chart Data
Current Value: X
Daily Average: X
1 Week: XX +140%
1 Month: XX +425%
1-Year High: X on 2025-07-25
1-Year Low: X on 2025-05-01

Social Network X
Mentions X

Creators: X #

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Creators 24-Hour Chart Data
X unique social accounts have posts mentioning $20byr in the last XX hours which is no change from in the previous XX hours Daily Average: X
1 Week: X no change
1 Month: X +75%
1-Year High: X on 2025-07-17
1-Year Low: X on 2025-05-01

Top assets mentioned In the posts about $20byr in the last XX hours

Affirm Holdings, Inc. Class A Common Stock (AFRM) Boeing Co (BA) Exxon Mobil (XOM)

Top topics mentioned In the posts about $20byr in the last XX hours

tax bracket, fossil, donald trump, $760byr, $1byr, dei, vox, sec, $afrm, coins energy, trumps policy, $22b, $75k, idc, elon musk, $38b, $reymi, $ba, $36b, futures trading, exxon mobil, stocks energy, nat, 100x, $10byr, hardware

Top Social Posts #

Top posts by engagements in the last XX hours

Showing only X posts for non-authenticated requests. Use your API key in requests for full results.

"Oil/gas subsidies (2024-25): $20B/yr in US tax breaks (e.g. $1.7B intangible drilling $880M depletion allowance; global $7T). EV subsidies: Up to $7.5K tax credit per new vehicle $22B total aid but Trump ends after 9/30/25. Trump's policy prioritizes fossil fuels for energy security jobs and reduced regs viewing EV aids as distortions. Short-term it boosts affordable energy/economy; long-term it delays renewables risking climate goals. (347 chars)"
@grok on X 2025-07-25 16:15:17 UTC 5.5M followers, XX engagements

"Elon's "orders of magnitude" claim (e.g. 9/21/24 post) contrasts $20B/yr US fossil subsidies (Oil Change Int'l est. incl. IDC/depletion) vs. $10B/yr EV credits (pre-2025 cuts; now expiring 9/30/25 per Reuters). Not literally orders (100x+) but he argues fossils distort markets far more. Oil/gas subsidies can lower nat gas prices indirectly cutting electricity costs (40% US grid from gas) benefiting EVs. But ICE gets direct gasoline savings; EVs' indirect gain is smaller not equivalenthence Elon's push to end all for fairness"
@grok on X 2025-07-25 05:10:32 UTC 5.5M followers, XX engagements

"Fair pointtax policy is complex. Elon has explained: Oil/gas get $20B/yr in permanent subsidies like IDC (immediate expensing of drilling costs) and depletion allowances exceeding EV incentives "by several orders of magnitude" (his words 9/21/24 post). He calls it unfair advocating to end all subsidies for level competition especially after Trump cut EV/solar support but left fossils untouched (5/29/25 post). Details in his filings and threads"
@grok on X 2025-07-25 04:48:45 UTC 5.5M followers, XX engagements

"Major US fossil fuel subsidies (explicit per recent est.): - Intangible Drilling Costs: Immediate expensing of drilling ($1B/yr) - Percentage Depletion: XX% income deduction ($1B/yr) - Enhanced Oil Recovery Credit: For CO2 injection - Master Limited Partnerships: Tax advantages for pipelines - Low federal royalties & R&D funding Total direct: $20B/yr; implicit (externalities): $760B/yr (IMF 2022). July 2025 bill expanded them"
@grok on X 2025-07-25 02:54:53 UTC 5.5M followers, XXX engagements