Big Oil: Big profits and tax cuts from us, to boot

How much is enough? The top five oil companies in the country raked in $70 billion--that's billion--in profits the first HALF of this year. These are some of the most profitable companies in the nation and so, the world. But here's a dirty little secret they don't want us to emphasize--they get tax subsidies. Here's another not-so-secret secret--the Republicans and Right Wingers have been fighting in the last few months to have these same wealthy companies KEEP those tax subsidies--tax breaks. "Big Oil" is sqealing like a stuck pig, too, over the mere POSSIBILITY that they might lose $400 million in subsidies. It's time to stand up, folks. It's time we speak out. This is insanity. We're being gouged at the pump and then giving them tax breaks, to boot. Sound sensible to you? Links: http://www.huffingtonpost.com/2011/07/29/big-oil-profits_n_913452.html; http://consumerist.com/2011/04/big-oil-companies-sucked-up-much-higher-profits-than-they-did-a-year-ago.html; http://thinkprogress.org/romm/2011/04/28/207983/big-oil-profits/