Tag Archives: big oil companies exempt from paying royalties to US government

Fighting oil’s billions in breaks. Fueling their profits

Representative Ed Markey, Democratic Congressman of Massachusetts, shares his thoughts on the Democrats’ plans to stop the richest oil companies in the world from receiving over $40 billion in tax breaks: oil companies are exempt from paying the United States government and citizens any royalties for drilling in U.S. waters in the Gulf of Mexico. Continue reading

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