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Tagged : oil-subsidies-at-1-trillion


Oil subsidies by the numbers

March 28th, 2012

$1 Trillion – Profits earned by the top five largest oil companies Exxon-Mobil, Chevron, ConocoPhillips and foreign-owned BP and Royal Dutch Shell came to nearly $1 trillion for the 10 years from 2001-2011.
$4 Billion – Total Annual US Subsidies to oil companies.

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