Quote:
Originally Posted by slapass
You might want to read just a bit on how american oil companies work. They get a % for pumping the oil and running the show for foreign countries. Saudi Arabia is 10% so when oil was 20/barrel they made 2/barrel now that it is 100/barrel they make 10/barrel. So would you like them to charge the Saudis less? Iraq has a big company that used to get a lot of this work maybe they should give the work to other nations? The French would like a large multi national company that pays a buttload in taxes maybe?
Where do you see that they make too much $$$? Ideally the US govt should support the interests of XOM as it is the interest of the US also. But the fact that you now pay more for gas has blinded you into picking the first "enemy" that you could identify.
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That works well unless the oil industry is getting HUGE tax breaks and not paying what they should be. Lobbyists are expensive, but paying your taxes costs more.