legalmania
Verified Paralegal
The big wigs at BP, Chevron, Exxon, Shell and Conoco are all claiming that it's not fair that they are being asked to not take a tax break. While many America's are taking pay cuts, these greedy executives continue to profit. BP has a lot of nerve, to profit on anything when the people of Louisiana are still suffering from the disaster they caused.
Thursday's marquee hearing featured the chief excutives of Shell Oil Co., ExxonMobil, ConocoPhillips, BP America and Chevron Corp., five companies that booked profits totaling $36 billion during the first quarter. The Democrats say that with profits that high, the big oil companies wouldn't miss tax breaks that average $2 billion a year.
Thursday's marquee hearing featured the chief excutives of Shell Oil Co., ExxonMobil, ConocoPhillips, BP America and Chevron Corp., five companies that booked profits totaling $36 billion during the first quarter. The Democrats say that with profits that high, the big oil companies wouldn't miss tax breaks that average $2 billion a year.