Oil Together Now

The US Senate gave Amoco, Mobil, Exxon, Chevron, and the rest of the Big Oil crowd a free hand to avoid paying full royalties on oil pumped from public lands. This cozy scam robs the US Treasury of an estimated $66 million a year. Sen. Barbara Boxer (D-CA) called the program "out-and-out cheating" but 51 of her colleagues (46 Republicans and 5 Democrats) approved Sen. Kay Bailey Hutchinson's (R-TX) resolution to continue the handout.

© Earth Island Journal, spring 2000 issue

 

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