More Tax Breaks for Oil Companies

Followup: Exxon’s and Chevron’s record profits certainly do support this notion that they are struggling companies that need government subsidies.

The US Interior Department is allowing Chevron to forgo royalties it owes the public for extracting oil and natural gas from public territories. As already cited on Digg, Chevron (or any oil company) needs no help, yet our tax dollars are being wasted, again.

read more | digg story

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.