Massive Profits, High Gas Prices and $33 billion in Taxpayer Giveaways to Big Oil
Over the next 5 years oil companies will receive $33 billion in taxpayer funded giveaways.
According to the report set to be released tomorrow morning by the Friends of the Earth, (pdf) the $33 billion in taxpayer dollars will come to Big Oil through tax loopholes, royalty rollbacks and research and development subsidies.
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