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Tax credit for huge oil producer raises questions about Utah board’s transparency
Fuel to the Fire
The following story was reported by The Utah Investigative Journalism Project in partnership with Salt Lake City Weekly When Utah officials awarded a tax credit to one of the state’s largest oil companies, at least one member of the voting board knew that environmentalists would make noise about a corporate handout to a multi-billion-dollar company.
The Utah Energy Infrastructure Authority Board recently approved SM Energy’s application for the High Cost Infrastructure Tax Credit for operations in the Uinta Basin, where it began drilling 350 to 400 new wells in 2024.
This is a 600 character excerpt. Read the full story at City Weekly, where it was published on March 4, 2026.
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