Originally published on Sun November 6, 2011 4:58 pm
If your U.S. senator or representative is on the super committee, expect your local airwaves to be peppered with oil industry ads in coming weeks. The basic message: Higher taxes on oil companies don't make financial sense.
The super committee in Congress is racing to find places to cut more than a trillion dollars out of the nation's deficit by Thanksgiving. The oil industry fears that ending its tax breaks may be one way the super committee will decide to raise revenue. That's spurred Big Oil's lobbying machine to work overtime.
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