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Harry Reid: Rising Gas Prices Are Giving Big Oil Billions Of Dollars

US Politics / Liberal : ThinkProgress: Election

During debate on a bill to eliminate $2.4 billion in big oil tax breaks, U.S. Senate Majority Leader Harry Reid (D-NV) stated the obvious: rising gasoline prices mean billions in profit for big oil companies. “Domestic oil productio...

Senators Who Voted Against Ending Big Oil Tax Breaks Received Millions From Big Oil

Politics : Business Insider: Politix

The contingent of senators that successfully blocked a bill that would have ended tax breaks for the five biggest U.S. oil and gas companies received $23,582,500 in career contributions from the industry, as reported by Rebecca Lebe...

Senate GOP Try To Shift Blame From Big Oil For Rising Gas Prices With Blatant Falsehoods

US Politics / Liberal : ThinkProgress: Justice

The Senate continued debate Monday afternoon on Sen. Robert Menendez’s (D-N.J.) bill repealing $2 billion in tax breaks to Big Oil. The debate has given major recipients of Big Oil money the chance to defend a profitable industry, w...

Natural gas flaring in oil fields flares up in September

Politics / US Politics : Washington Watch

Thirteen oil companies failed to meet North Dakota's natural gas flaring goals in September. The state Industrial Commission adopted gas capture targets in 2014 aimed at reducing the wasteful flaring … Click to Continue »

The GOP tax bill is a big win for U.S. oil and gas

Business & Finance : USAToday: Money

On its face, the GOP tax proposal seems to be a big win for oil and gas.        


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