Image via WikipediaGovernment reform orgs. deliver news on major events within their areas of expertise.From: Public Citizen
Another Sweetheart Deal for the Oil Companies
A bureaucratic oversight has allowed 24 oil companies to skip out on more than $1.3 billion in royalties for the privilege of extracting oil and natural gas from U.S. territory in the Gulf of Mexico. But this $1.3 billion in forgone royalties pales in comparison to the $60 billion that Americans stand to lose in royalty revenue over the life of these leases. If Congress repeals the moratorium on offshore drilling, these freeloading oil companies will gain more record profits while American families are left holding the bag.
.
>All Things Reform Mobile: allthingsreform.mofuse.mobi >Capitol Switchboard: 202-224-3121 (not toll-free) >US House/Senate Mobile: bit.ly/members >Contact your reps tips: bit.ly/dear
.
