FactCheck.org on oil company tax breaks.
"What kind of tax breaks does the U.S. give to oil companies and to corporations that send jobs overseas?
"When Democratic presidential candidates talk about tax breaks for corporations that ship our jobs overseas and tax breaks and subsidies for oil companies, what are they referring to and are they accurate?"
I have a bit of a hard time believin this is the entire story. I think there's accellerated depreciation, etc. but I don't know for sure any more.
Arf