{"id":26389,"date":"2011-11-12T08:46:04","date_gmt":"2011-11-12T13:46:04","guid":{"rendered":"http:\/\/planetsave.com\/?p=26389"},"modified":"2011-11-12T08:46:04","modified_gmt":"2011-11-12T13:46:04","slug":"time-to-end-big-oil-welfare-take-action","status":"publish","type":"post","link":"https:\/\/planetsave.com\/articles\/time-to-end-big-oil-welfare-take-action\/","title":{"rendered":"Time to End Big Oil Welfare: Take Action!"},"content":{"rendered":"

\"big<\/a><\/p>\n

Everybody is tired of Big Oil making record profits and getting billions in tax breaks<\/a> while the country suffers economically. The League of Conservation Voters is the latest to create a petition<\/a> on the matter. I encourage you to sign it. From the petition page (points I’ve already made in past articles):<\/p>\n

The big five oil companies reported more than $67 billion in profits during the first six months of 2011.<\/p>\n

At the same time, these same oil companies are getting billions of dollars in taxpayer-funded handouts each year. In fact, even as ExxonMobil made more than $118 million a day in profits last quarter, it is still paying a lower tax rate than the average American.<\/p>\n

It’s time for this to stop. Tell Congress to end Big Oil handouts.<\/p><\/blockquote>\n

Pretty clear that something needs to be done. Add your voice and sign the petition to “End Big Oil Handouts<\/a>” today.<\/p>\n

But, if that’s not enough for you yet, here are some more staggering facts from TrueMajority:<\/p>\n

Over the past decade, the big five oil companies — BP, Chevron, ConocoPhillips, ExxonMobil and Shell — have enjoyed more than $900 billion in profits. Let me repeat that. Since 2001, the world\u2019s biggest oil companies have made over $900 billion in profits.<\/p>\n

At the same time, these oil companies benefit from more than $4 billion in special tax breaks and other giveaways every year. Why are we subsidizing one of the most profitable industries? Why does ExxonMobil get a tax break while so many Americans are struggling to make ends meet and get stuck paying higher gas prices?<\/p><\/blockquote>\n

Tell the House of Representatives to step up their game and tax these oil companies fairly today.<\/p>\n

Make Big Oil Pay<\/a> photo via Rainforest Action Network<\/p>\n","protected":false},"excerpt":{"rendered":"

Everybody is tired of Big Oil making record profits and getting billions in tax breaks while the country suffers economically. The League of Conservation Voters is the latest to create a petition on the matter. I encourage you to sign it. From the petition page (points I’ve already made in past articles): The big five […]<\/p>\n","protected":false},"author":166,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4,12,30,35],"tags":[4364,25859,25906,25979,25982],"spectra_custom_meta":{"_rpuplugin_enabled":["yes"],"dsq_thread_id":["519448421"],"_oembed_ef3db03aba7d398092db6256b8035cd5":["