Facts

Paid for by Big Oil is a joint project of numerous non-profit groups working to end the influence oil companies have on America's energy policy. America's dependence on oil is a threat to our economy, our security and our environment. By investing in a clean energy future, we can create millions of new jobs, become energy independent, and protect the planet. But with too many Members of Congress in the pocket of big oil that future remains out of reach. Paid for by Big Oil is working to hold these Members accountable - we need leaders to stop working for big oil and to start working for the American people.
In 2007 alone, the big five oil companies-BP, Chevron, Conoco Phillips, ExxonMobil and Shell-made $123 billion in profit. ExxonMobil alone made $77,245 every minute-more money generated in one minute than 70 percent of Americans earn in one year.
Despite these record profits, oil companies still receive more than $18 billion in federal tax breaks.
Since 2007, Republicans in the Senate-like Mitch McConnell-have voted against cutting tax breaks for oil companies 6 times. They also voted against investing in clean energy 9 times.
In the past two years alone, Republicans-like John Boehner-have voted against cutting tax breaks for oil companies 3 times. They also voted against clean energy 7 times.
Although the U.S. consumes 25 percent of the world's oil, we have less than 3 percent of the remaining oil reserves.
The U.S. sends $700 billion overseas each year to purchase oil from other countries
In 1970, the U.S. imported 24% of its oil. Today, we import nearly 70%.
In the past two years, gas prices have nearly doubled.