Showing posts with label big oil. Show all posts
Showing posts with label big oil. Show all posts

May 18, 2011

48 senators extend huge tax breaks to Big Oil Co's

Last night, 48 Senators, including Sen. Marco Rubio, put Big Oil before the American people and helped defeat a bill that would have ended tax breaks for the five biggest oil companies.How could anyone vote against a bill that would have kept $21 billion of American taxpayers' money out of the pockets of cash-rich oil companies? Because they personally profit from it. THose voting for it receive huge donations from Big Oil. Clkck http://priceofoil.org/2011/05/17/senators-opposing-end-of-oil-subsidies-received-five-times-more-in-big-oil-campaign-cash/

Apr 18, 2011

Big Oil keeping billions of land-lease dollars owed to taxpayers

Big break for big oil, larger burden for taxpayers. Even as leaders grapple with the nation’s fiscal troubles and urge expanded drilling for natural resources, their failure to remedy the decades-old systemic shortcomings at the Interior Department may have allowed billions of dollars in royalties to slip away, increasing the burden on taxpayers. Center for Public Integrity 
http://www.iwatchnews.org/2011/04/15/4155/big-break-big-oil-larger-burden-taxpayers