
Standing at the pump, watching the numbers tick away, do you ever wonder where the money goes? You’re not alone: People on the other end of the pipeline are wondering too. While we feel the pinch in our pockets, citizens of oil-producing countries are often not seeing the profits.
Big oil wants the SEC to water down the landmark U.S. transparency laws passed as part of the Dodd-Frank Financial Reform law. Oxfam America, together with a coalition that includes the Task Force, Global Witness, and Global Financial Integrity, is waging a campaign to tell them that a weak transparency standard is unacceptable. Read more here, or take action at Oxfam America.
Disclaimer: Unless specifically stated to be the views of the Task Force, the opinions expressed on this blog are solely the opinions of the individual blogger and are not necessarily those of the Task Force on Financial Integrity & Economic Development.
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