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Dear Kevin ,
Click here-to add your name to-our petition to Congress.
Enough is enough.
ExxonMobil -has reported 1st quarter profits of nearly$11 billion. Shell announced$6.9 billion-in profits. BP earned over$5 billionduring 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, theyre also getting billions of dollars in taxpayer-funded subsidies.
Tell Congress: Its time to end Big Oil handouts. Click here to-add your name to the petition.
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 worlds biggest oil companies have made over $900 billion in profits.
At the same time, these oil companies benefit from more than $4 billion in special tax breaks every year. Why are we subsidizing one of the most profitable industries? Why does ExxonMobil get a tax break while we get stuck paying higher gas prices ?
Tell Congress: Its time to end Big Oil handouts. Click here to-add your name to the-petition.
The House of Representatives -has already cast several votes this year related to ending oil industry subsidies, but each time Big Oils congressional backers successfully beat back those efforts. In fact, pro-polluter lawmakers in the House are instead pushing irresponsible drilling that puts our economy and our environment at risk -- demonstrating their energy policy -is simple:oil above all.
But momentum is building for action. Senate Majority Leader -Reid has said that the Senate may vote as soon as next week on legislation that would strip the biggest oil companies of the government handouts they enjoy.
Tell Congress: Its time to end Big Oil handouts. Click here to-add your name to the-petition.
Thank you for taking action.
Sincerely,
Gene Karpinski
President
League of Conservation Voters
