Exxon Again Has Record Profits; One Question Left to Ask

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Contacto:
Nick Berning, 202-222-0748

WASHINGTON, D.C.Friends of the Earth Domestic Programs Director Erich Pica responded to todays announcement that ExxonMobil earned a record $45.2 billion profit last year:

Theres just one question left to ask. Given such obscene profits, why in the world are taxpayers forced to subsidize Big Oil to the tune of tens of billions of dollars? Message to Congress: the giveaways to Big Oil must end.

Friends of the Earth released an analysis last summer finding that oil companies stand to reap $33 billion in taxpayer-funded giveaways over five years. That analysis can be found here: /pdf/FoE_Oil_Giveaway_Analysis_2008.pdf.

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Amigos de la Tierra (www.foe.orgFriends of the Earth (Amigos de la Tierra) es la voz estadounidense de la mayor red ambientalista de base del mundo, con grupos miembros en 77 países. Desde 1969, Friends of the Earth lucha por crear un mundo más sano y justo.