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  • Multiple-Exposures-Media
    Appeals court throws out IRS rule on Obama care subsidies

    Appeals court throws out IRS rule on Obama care subsidies

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. In photo, viewed from behind the witness table, Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation; andJames Mulva, Chairman and Chief Executive Officer, ConocoPhillips. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives vigorous testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives vigorous testimony. The heads of five of the largest oil and gas companies in the world testified before t ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives vigorous testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives vigorous testimony. The heads of five of the largest oil and gas companies in the world testified before t ...

  • Jeff Malet
    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12,  ...

  • Jeff Malet
    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12,  ...

  • Jeff Malet
    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. This was a return trip for McKay who a year ago testified at a Senate hearing investigating a massive oil leak in the Gulf of Mexico involving his company. (Photo by Jeff Malet)

    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on  ...

  • Jeff Malet
    A frowning Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, is unhappy with Senators line of questioning. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A frowning Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, is unhappy with Senators line of questioning. The heads of five of the largest oil and gas companies  ...

  • Jeff Malet
    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. This was a return trip for McKay who a year ago testified at a Senate hearing investigating a massive oil leak in the Gulf of Mexico involving his company. (Photo by Jeff Malet)

    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on  ...

  • Jeff Malet
    A frowning Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, is unhappy with Senators line of questioning. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A frowning Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, is unhappy with Senators line of questioning. The heads of five of the largest oil and gas companies  ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world tes ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    A serious Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, sits pensively. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A serious Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, sits pensively. The heads of five of the largest oil and gas companies in the world testified before t ...

  • Jeff Malet
    A serious Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, sits pensively. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A serious Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, sits pensively. The heads of five of the largest oil and gas companies in the world testified before t ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world tes ...

  • Jeff Malet
    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips listens to Senator's question. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats plan to repeal billion in tax incentives is "un-American". The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips listens to Senator's question. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips p ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Seated left to right at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12,  ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Seated left to right at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    Senator Robert Menendez (D-NJ) took offense to a ConocoPhillips press release that said the Democrats' plan to repeal billion in oil company tax incentives is "un-American". Here Menendez questions James Mulva, Chairman and Chief Executive Officer of ConocoPhillips, on that release. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Senator Robert Menendez (D-NJ) took offense to a ConocoPhillips press release that said the Democrats' plan to repeal  billion in oil company tax incentives is

  • Jeff Malet
    Senator Robert Menendez (D-NJ) took offense to a ConocoPhillips press release that said the Democrats' plan to repeal billion in oil company tax incentives is "un-American". Here Menendez questions James Mulva, Chairman and Chief Executive Officer of ConocoPhillips, on that release. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Senator Robert Menendez (D-NJ) took offense to a ConocoPhillips press release that said the Democrats' plan to repeal  billion in oil company tax incentives is

  • Jeff Malet
    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC. The execs argued that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill  ...

  • Jeff Malet
    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC. The execs argued that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill  ...

  • Jeff Malet
    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Marvin Odum, U.S. President, Shell Oil Company, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12,  ...

  • Jeff Malet
    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC. The execs argued that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Senator Maria Cantwell (D-WA) questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill  ...

  • Jeff Malet
    John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Seated left to right at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Rex Tillerson (in foreground), Chairman and Chief Executive Officer, Exxon Mobil Corporation. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, looks at his notes. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Tillerson of Exxon. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, looks at his notes. The heads of five of the largest oil and gas companies in the world testified before the Sen ...

  • Jeff Malet
    A tired looking Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, rests his head. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. In photo, seated top to bottom at the witness table - John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation; Marvin Odum, U.S. President, Shell Oil Company; H. Lamar McKay, Chairman and President, BP America Inc.; James Mulva, Chairman and Chief Executive Officer, ConocoPhillips; and Tillerson of Exxon. (Photo by Jeff Malet)

    A tired looking Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, rests his head. The heads of five of the largest oil and gas companies in the world testified be ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate ...

  • Jeff Malet
    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A smiling Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to Senators questions. The heads of five of the largest oil and gas companies in the world tes ...

  • Jeff Malet
    Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC. The execs argued that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committ ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, reads his opening statement. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, reads his opening statement. The heads of five of the largest oil and gas companies in the world testified befor ...

  • Jeff Malet
    Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC. The execs argued that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Sen. Max Baucus (D-MT), chairman of the Senate Finance Committee questions the heads of five of the largest oil and gas companies in the world, who appeared before the Senate Finance Committ ...

  • Jeff Malet
    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats plan to repeal billion in tax incentives is "un-American". (Photo by Jeff Malet)

    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Com ...

  • Jeff Malet
    James Mulva (right), Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats' plan to repeal billion in tax incentives is "un-American". (Photo by Jeff Malet)

    James Mulva (right), Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Fin ...

  • Jeff Malet
    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats plan to repeal billion in tax incentives is "un-American". (Photo by Jeff Malet)

    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Com ...

  • Jeff Malet
    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to a Senator's question. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to a Senator's question. The heads of five of the largest oil and gas companies in the world testified b ...

  • Jeff Malet
    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. Sens. Chuck Schumer (D-NY) and Robert Menendez (D-NJ) both took offense to a ConocoPhillips press release that said the Democrats plan to repeal billion in tax incentives is "un-American". (Photo by Jeff Malet)

    James Mulva, Chairman and Chief Executive Officer, ConocoPhillips gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Com ...

  • Jeff Malet
    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. This was a return trip for McKay who a year ago testified at a Senate hearing investigating a massive oil leak in the Gulf of Mexico involving his company. (Photo by Jeff Malet)

    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on  ...

  • Jeff Malet
    A serious looking Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to a Senator's question. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    A serious looking Rex Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation, listens to a Senator's question. The heads of five of the largest oil and gas companies in the ...

  • Jeff Malet
    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. This was a return trip for McKay who a year ago testified at a Senate hearing investigating a massive oil leak in the Gulf of Mexico involving his company. (Photo by Jeff Malet)

    H. Lamar McKay, Chairman and President, BP America Inc. gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on  ...

  • Jeff Malet
    John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    John Watson, Chairman of the Board and Chief Executive Officer, Chevron Corporation, gives testimony. The heads of five of the largest oil and gas companies in the world testified before the ...

  • Jeff Malet
    US Senator Orrin Hatch (R-UT) (left) mocks a Senate Finance Committee Hearing as a "Dog and Pony Show" by displaying a large picture of a dog and pony. Senator Charles 'Chuck' Grassley (R-IO) (right) is amused. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    US Senator Orrin Hatch (R-UT) (left) mocks a Senate Finance Committee Hearing as a

  • Jeff Malet
    US Senator Orrin Hatch (R-UT) mocks a Senate Finance Committee Hearing as a "Dog and Pony Show" by displaying a large picture of a dog and pony. Senator Charles 'Chuck' Grassley (R-IO) looks up at the poster. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    US Senator Orrin Hatch (R-UT) mocks a Senate Finance Committee Hearing as a

  • Jeff Malet
    US Senator Orrin Hatch (R-UT) (left) mocks a Senate Finance Committee Hearing as a "Dog and Pony Show" by displaying a large picture of a dog and pony. Senator Charles 'Chuck' Grassley (R-IO) (right) is amused. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    US Senator Orrin Hatch (R-UT) (left) mocks a Senate Finance Committee Hearing as a

  • Jeff Malet
    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. (Photo by Jeff Malet)

    The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax in ...

  • Jeff Malet
    H. Lamar McKay, Chairman and President, BP America Inc. sits at the witness table. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Committee on May 12, 2011 on Capitol Hill in Washington DC, arguing that ending tax incentives would reduce exploration, eliminate jobs and stifle economic growth while doing nothing to reduce fuel prices. Participating were executive officers of Exxon, BP America, Shell, ConocoPhillips and Chevron. This was a return trip for McKay who a year ago testified at a Senate hearing investigating a massive oil leak in the Gulf of Mexico involving his company. (Photo by Jeff Malet)

    H. Lamar McKay, Chairman and President, BP America Inc. sits at the witness table. The heads of five of the largest oil and gas companies in the world testified before the Senate Finance Com ...


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