Should Big Oil Receive Taxpayer Subsidies?
“The oil and tax subsidies that go to the top oil producers such as ExxonMobil, Shell, and Chevron are $4 billion plus per year—roughly $43.6 billion over ten years.”
“The oil and tax subsidies that go to the top oil producers such as ExxonMobil, Shell, and Chevron are $4 billion plus per year—roughly $43.6 billion over ten years.”
News footage traces American presidents expounding upon the need for energy independence. It begins with Richard Nixon in 1974 telling the country, “We must provide for our own energy needs.”