Oil Companies Are Making a Fortune From Soaring Prices. Democrats Want to Take Some of It Back.
As gas prices climbed to over $4 per gallon in the United States and oil traded at highs of $130 per barrel this week amid war in Europe, a new report from the U.K.-based think tank Common Wealth finds that the top five oil and gas producers in the U.S. are getting a wildly good deal from the U.S. government: While they rake in massive profits, their tax burden remains shockingly low. Since the Paris Agreement was signed, top producers have, on average, gotten money back from the IRS. Thursday afternoon... Читать дальше...