Take Action Now
At a time when both state and local governments, workers, and American families are struggling to pay their bills, the Trump administration is asking taxpayers to bail out some of the wealthiest corporations in the world.
While we’ve been tracking these COVID bailouts from the beginning of the pandemic, we just discovered that the Bureau of Land Management is slashing royalties on public land leased by Exxon Mobil and BP — multinational and billion-dollar companies that are in no way hurting financially — for drilling.
All told, the Trump administration has cut royalty rates covering 400,000 acres in 467 cases — extending coronavirus aid of upwards of $7 billion to 7,283 extractive resource companies just through the Paycheck Protection Program meant for small businesses.
Meanwhile, the states that would normally benefit from revenue when companies like BP and Exxon drill on our public lands — including Western states like Wyoming and Utah — get shortchanged, and at the worst possible time as they manage the pandemic response.
Check out our COVID Bailout Tracker to learn more and help us hold this administration accountable.
Next Post
Featured Action: Will you add your name to our petition demanding that the EPA put people over polluters?
Have you heard about the latest scandal at Trump’s Environmental Protection Agency? If you thought the culture of corruption at the EPA ended when Scott Pruitt resigned, think again. Administrator Andrew […]