Right now, the biggest oil companies are raking in record profits—profits that go up every time folks pull up into a gas station. But on top of these record profits, oil companies are also getting billions a year—billions a year in taxpayer subsidies—a subsidy that they’ve enjoyed year after year for the last century.
Think about that. It’s like hitting the American people twice. You’re already paying a premium at the pump right now. And on top of that, Congress, up until this point, has thought it was a good idea to send billions of dollars more in tax dollars to the oil industry.