Why exactly are we subsidizing the oil industry by the tune of $4 billion dollars a year, when the oil executives themselves already testified that they don’t need our subsidies. And especially when oil companies are making billions in profits a…
Tag: oil subsidies
President Obama said it best – its time to subsidies to these highly profitable oil companies, because “Americans are getting hit twice, one at the gas pump, and once more by sending billions of dollars in tax subsidies to oil…
It is a policy that makes absolutely no sense whatsoever. Giving oil companies billions of taxpayers dollars every year in subsidies, at a time when these same companies are making billions of dollars in profits. And the decision to continue…