Menendez Introduces Pair Of Bills To Hold Big Oil Accountable
December 09, 2022
December 09, 2022
WASHINGTON, Dec. 9 -- Sen. Robert Menendez, D-New Jersey, issued the following news release on Dec. 8, 2022:
U.S. Senator Bob Menendez (D-N.J.), today introduced a pair of bills aimed at holding Big Oil accountable. The bills would repeal tax subsidies and other incentives long-enjoyed by the largest oil corporations that continue to rake in record profits, and would penalize oil companies who fail to develop federal leases to inflate their reserves and share prices, while American . . .
U.S. Senator Bob Menendez (D-N.J.), today introduced a pair of bills aimed at holding Big Oil accountable. The bills would repeal tax subsidies and other incentives long-enjoyed by the largest oil corporations that continue to rake in record profits, and would penalize oil companies who fail to develop federal leases to inflate their reserves and share prices, while American . . .