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Bernie Sanders and Ilhan Omar introduced the End Polluter Welfare Act, a key bill to end billions in subsidies flowing to oil, gas, and coal.
Late last month, US President Joe Biden threatened higher taxes on oil company profits if the industry giants don't work to cut gas prices.
Oxfam America and co-filers have filed a series of new tax transparency proposals against American oil giants, ExxonMobil, Chevron, and ConocoPhillips.
As oil companies post huge profits and consumers pay ever more for energy, the tax that oil companies pay is being scrutinized once again
My strategy is based on not following the herd, which means profiting along with 'uncool' energy giants....XOM