Thursday, March 1, 2012

By the Numbers: $4 Billion Oil Subsidies Yearly

Oil companies receive $4 billion every year in taxpayer-funded subsidies, despite continually bringing in record high profits.

Meanwhile, gas prices are on the rise—just like they were this time last year—and the same people funding those subsidies are paying more at the pump for the gas they need to get to school and work.

Source: The White House
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