With Big Oil price gouging working people in the face of huge, record profits, the Biden administration must hold them accountable and deliver real relief for the American people.
It’s no secret that oil company executives plan to use their windfall profits to increase dividends to wealthy shareholders, padding already ballooned executive compensation.
We must ask… how many working families could be helped if that money was distributed to them, rather than to fossil fuel companies?
As Exxon, Chevron and Shell stick consumers with big price increases at the pump, it's time for the Biden administration to take on their corporate greed.
A windfall profits tax with direct rebates to consumers is the perfect solution to crack down on Big Oil price gouging and put money back in Americans’ pockets.
By forcing these companies to send their windfall profits back to working people who paid for them at the pump, we will help consumers struggling with rising out-of-pocket costs on everything from gas to housing and groceries.
