Temi Kolarova (J.D. 2012, Seton Hall), Comment, Oil and Taxes: Refocusing the Tax Policy Question in the Aftermath of the BP Oil Spill, 42 Seton Hall L. Rev. 351 (2012):

Part II of this Comment provides background information about the BP oil spill and the tax questions that emerged after the accident. Part III then lists and analyzes the numerous provisions in the current Code that afford preferential treatment to the oil industry. In Part IV, the Author explains why these subsidies have no justification today and gives some additional reasons for their repeal. Part IV also evaluates the current legislative actions designed to curb oil tax incentives. Part V indentifies some issues that repeal alone may not be able to address and proposes a possible solution.