For too long, powerful oil companies have secured record profits where they operate, while local and indigenous communities reap few benefits.
Last year, people scored a victory when Congress passed transparency legislation forcing oil companies to report their payouts to foreign governments. Soon, the Securities and Exchange Commission (SEC) will issue regulations to implement the law – but right now, big oil companies and the American Petroleum Institute are fighting to weaken it.
This means that local communities might continue to lose, as many of their governments receive payments from oil companies that operate in their backyards.
We can’t let this happen. Tell American Petroleum Institute (API) President Jack Gerard, the mouthpiece for companies like Chevron and BP, that he can’t get away with it. With a big enough public outcry, we’ll make these companies realize we won’t stand for their underhanded tactics.