Sunday, May 08, 2011
Cut $4 Billion inTax Breaks to Big Oil
ExxonMobil has reported 1st quarter profits of nearly $11 billion. Shell announced $6.9 billion in profits. BP earned over $5 billion during the first three months of the year.
Meanwhile Americans across the country are struggling with near-record prices at the pump. And do you know the worst part? While the Big Oil companies rake in obscene profits, they are also getting billions of dollars in taxpayer-funded subsidies.
Tell Congress: It’s time to end Big Oil handouts. Click here to add your name to the petition.