National

Senator Menendez Calls for End to Subsidies for Big Oil

Washington–(ENEWSPF)–March 26, 2012.  On Monday, March 26 at 5:30 pm, the U.S. Senate will vote on Senator Menendez’s Repeal Big Oil Tax Subsidies Act, which would repeal tax loopholes to the five largest, most profitable oil companies in the world: BP, Exxon, Shell, Chevron, and ConocoPhillips (“Big 5”) and use those savings to extend for one year expiring energy tax provisions and reduce the deficit.

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 “Let me be very clear:  Monday’s vote to Repeal Big…

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