ExxonMobil Profits: A Clarion Call to End Polluter Welfare

WASHINGTON, D.C. —(ENEWSPF)—April 30, 2015. This morning, ExxonMobil (NYSE: XOM) reported $4.9 billion in first quarter earnings for 2015. The largest oil and gas company’s profits are increased by its share of billions in taxpayer subsidies for the oil and gas industry.

Last week, Rep. Keith Ellison (D-Minn.) and Sen. Bernie Sanders (I-Vt.) re-introduced the End Polluter Welfare Act in both the House and the Senate. The bill would end more than $135 billion in taxpayer-funded…