Friday, August 2, 2013

Big Oil Rakes in Huge Profits, Again

www.americanprogress.org/issues/green/news/2013/08/02/71386/big-oil-rakes-in-huge-profits-again/
"In addition to special tax breaks, Big Oil companies also benefit from other government support. Three years after the Deepwater Horizon oil blowout—the worst oil disaster in U.S. history—Congress has still not raised the absurdly low $75 million cap on companies’ liability for economic and natural-resources damages, even after catastrophic offshore blowouts."