Oil Companies: $7,610 a minute

As gas prices rise, oil companies just watch their profits increase. And yet, they're still subsidized by Congress to the tune of $4 billion a year.

That's about $7,610 every minute.

To learn more about why gas prices are on the rise and President Obama's strategy to take control of our energy future and avoid gas spike prices in the future, check out our new infographic.

Editor’s Note: Providing subsidies to industry is a cornerstone of the Obama Administration’s agenda. All of a sudden, CONGRESS is to blame for subsidies to infamous companies like British Petroleum and the failed Solyndra. Despite distancing himself from this corporate welfare, all of this happened under President Obama’s watch and in part under his guidance