"The oil industry launched a full-court press Monday in opposition to Democrat-backed legislation that would repeal billions in tax breaks for the largest oil companies."
"The American Petroleum Institute (API), the powerful oil industry trade group, is running an eight-state radio and print advertising campaign opposing efforts to eliminate the tax breaks.
And a top API official blasted the legislation Monday on a conference call with reporters just hours before the Senate is slated to vote on the measure."
Andrew Restuccia reports for The Hill's E2 Wire March 26, 2012.
SEE ALSO:
"Senate Set To Fight Over Oil Company Tax Cuts" (Washington Post)
"Bill Ending Oil Company Tax Cuts Clears Senate Hurdle" (Reuters)
Source: Hill/E2 Wire, 03/27/2012
Advertisement 
