Petition Closed

ExxonMobil reported 3rd quarter profits of over $10 billion. Chevron announced $7.83 billion in profits, and BP earned nearly $5 billion. Yet somehow, these oil giants continue to receive billions in taxpayer-funded giveaways each year.

The House of Representatives has already cast several votes this year related to ending oil industry subsidies, but each time Big Oil’s congressional backers successfully beat back those efforts.

As Congress completes the 2012 budget in the coming months, we need to make sure that oil industry subsidies are on the chopping block.

Tell Congress today that there should be no more handouts for Big Oil.

Letter to
U.S. House of Representatives
U.S. Senate
The big five oil companies—BP, Chevron, ConocoPhillips, ExxonMobil and Shell—have made over $100 billion in profits so far in 2011. At the same time, these same corporate giants are also receiving billions in taxpayer-funded subsidies each year.

It is outrageous that Big Oil continues to benefit from special tax breaks while also raking in sky-high profits.

As Congress completes the 2012 budget in the coming months, we need to make sure that oil industry subsidies are on the chopping block.

Sincerely,