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Today's Top News
08.02.12 - 12:02 PM
One (Obscenely Profitable) Day In the Life of Big Oil

Every hour this year, the five biggest oil companies have made $14,400,000 in profits, or more in one minute than what 96% of American households earn in one year. Each hour they also received over $270,000 in federal tax breaks, or $2.4 billion a year. Romney and the GOP want to double that, even though they already pay under 17% in taxes. ThinkProgress created a great chart tracking their money and pollutants over one day.


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