Stop subsidies for Big Oil

Think oil companies should pay their fair share of taxes? So does President Obama. In his budget, the President has proposed cutting billions of dollars in special subsidies and tax loopholes for oil and gas companies.
But Big Oil is already fighting back. Like other corporate special interests, they're lobbying heavily to gut Obama's budget.
So we've got to be louder than Big Oil, and remind our elected representatives that they work for us, not ExxonMobil.
A compiled petition with your individual comment will be presented to your Senators and Representative.


Think oil companies should pay their fair share of taxes? So does President Obama.

In his budget, the President has proposed cutting billions of dollars in unfair subsidies and tax loopholes for oil and gas companies, to help pay for critical priorities like clean energy and green jobs.1 After all, they don't exactly need the help: ExxonMobil made a record profit of $45.2 billion last year.2

But Big Oil is already fighting back. Like other corporate special interests, they're lobbying heavily to gut Obama's budget. The American Petroleum Institute has announced plans to fly top executives into Washington to help save their tax breaks.3

And they've got a lot of friends on Capitol Hill, thanks to millions in campaign contributions over the years. So we've got to be louder than Big Oil, and remind our elected representatives that they work for us, not ExxonMobil. Click here to sign our petition:

http://pol.moveon.org/stopbigoil/?id=15729-9629212-Bu2JmOx&t=3

The petition reads: "Congress should stop the giveaways and tax loopholes for oil and gas companies—and invest in green jobs and clean energy instead."

President Obama has a bold vision for switching America to a clean-energy economy and putting millions of people back to work in good, green jobs.

His proposed budget is full of important provisions to make it happen: investing in wind and solar power, retrofitting buildings to make them more energy-efficient, and helping working families cope with rising energy costs.4

To help pay for it, oil and gas companies need to start paying their fair share in taxes. For years, they've been receiving generous subsidies—and taking advantage of loopholes that let them avoid paying royalties from drilling on federal lands and in the Gulf of Mexico.

Unsurprisingly, the industries that make their profits from producing and burning oil, coal, and natural gas are spending millions of dollars working to undermine the president's plans for a clean-energy economy.

So we're organizing a massive grassroots campaign to get his back and take them on. Can you help out by signing our petition? Click here:

http://pol.moveon.org/stopbigoil/?id=15729-9629212-Bu2JmOx&t=4

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