GOP Won’t Close Oil Company Loopholes

Posted: February 21, 2012

An item in Sunday’s Washington Post showed that Exxon Mobil’s latest quarterly profit was $9.4 billion. Last night’s evening news estimated that the price of gasoline would exceed $4 per gallon within months.

This letter’s purpose is to support the Republican Party’s absolute reluctance to close the billions of dollars in loopholes available to the oil companies. There are also a few idiotic Democrats that side with the Republicans on this matter.

For how can the oil companies succeed if those loopholes are closed?


Kenneth Goad
Luray


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