Quote:
Originally Posted by MaDalton
the top 5 of the oil industry make about 120+ billion $ in profits per year while receiving up to 52 billion $ in subsidies annually
makes you wonder who the real leeches are
(disclaimer: i also don't condone people playing the system for their benefit without making an effort)
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You also have to love that a big deal is made about a rancher whom supposedly owed 1 million to the BLM to let 500 to 1k cows graze. Yet that very same BLM just leased land to 6 oil & gas companies in the same state to drill gas & oil and all 6 together only paid 1.2 million for their lease..
I understand the outrage in a sense over the rancher, yet why does no one care that these big oil companies are making ridiculous profits while paying peanuts for land leases on federally owned land. That is money that US and even state tax payers are being cheated out of while big oil & gas reap the profits and then price gouge us at the pumps.