April252011
Oil company earnings skyrocket, taxpayer subsidies continue
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Via ThinkPogress, the nation’s five biggest oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—are feeling no pain, despite the ongoing economic doldrums.
Just as a reminder, last month the House GOP voted unanimously to protect taxpayer-funded subsidies to big oil. All of the belt tightening, you see, has to be done by Medicaid and Medicare recipients, not by those poor beleaguered oil company execs.

Oil company earnings skyrocket, taxpayer subsidies continue

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Via ThinkPogress, the nation’s five biggest oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—are feeling no pain, despite the ongoing economic doldrums.

Just as a reminder, last month the House GOP voted unanimously to protect taxpayer-funded subsidies to big oil. All of the belt tightening, you see, has to be done by Medicaid and Medicare recipients, not by those poor beleaguered oil company execs.

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