Tag: exxonmobile

A nonpartisan watchdog group is blowing the whistle on U.S. Rep. Scott Tipton and others in Congress who consistently advocate for tax breaks, subsidies and other giveaways to oil and gas companies.

The House Subcommittee on Railroads, Pipelines and Hazardous Materials will hold a hearing Thursday about leaks from an ExxonMobil pipeline near Billings, Montana on July 1.

Opponents of ending tax breaks for big oil companies argue that closing tax loopholes will result in higher prices at the pump, but a report from the non-partisan Congressional Research Service finds that ending the tax breaks is unlikely to cause a rise in prices.