06 May '11, 6pm

Shill, Baby, Shill: Big Oil Still Getting Big Tax Breaks

Photo credit: tsuda via Flickr/Creative Commons Yesterday I watched the U.S. House of Representatives shill for Big Oil again by passing a bill allowing more drilling in our waters with less oversight and accountability. At the same time, House leadership blocked a vote to end billions of dollars in government tax breaks for the industry. Meanwhile, the oil industry just posted billions in profits in their first quarter reports, with Exxon reporting $10.7 billion in profit, Shell raking in $6.9 billion, Chevron posting $6.2 billion, Conoco Phillips announcing $3.03 billion and BP taking in $5.5 billion. When is our country going to end special treatment for Big Oil and get serious about moving beyond oil?

Full article: http://www.treehugger.com/files/2011/05/shill-baby-shill-...

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Shill, Baby, Shill: Big Oil Still Getting Big T...

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Photo credit: tsuda via Flickr/Creative Commons Yesterday I watched the U.S. House of Representatives shill for Big Oil ag...

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