One (Obscenely Profitable) Day In the Life of Big Oil

One (Obscenely Profitable) Day In the Life of Big Oil

by
Abby Zimet

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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