House Reps Squash Effort to End Oil Subsidies After Raking in $8.7 Million from Big Oil

4:02 pm in Business & Politics, oil congress, united states by TreeHugger

congress-climate-action-clear.jpg Photo credit: Abeeeer via Flickr/CC BY Democrats made a move to remove just some of the billion dollar subsidies from the largest oil companies -- the ones currently announcing sky high profits -- but it was rejected by nearly all Republicans and a few Democrats in...Read the full story on TreeHugger