The top two corporations on the Fortune 500 Global ranking, Royal Dutch Shell and ExxonMobil, announced their 2012 second-quarter earnings today, bringing the total profits for three Big Oil companies to $44 billion for 2012 or $250,000 every day this year. Exxon profited by $16 billion this quarter, bringing its earnings for 2012 to $25 billion.
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Don't blame the oil companies, blame the people who write the tax laws, the people the majority elected. The oil companies are paying what they are required by law not what they want. We need to get good honest people in congress who can't be bought by lobbyist. These people do not exist in the political arena.
ReplyDeleteRockefellar,a liberal senator has controlling interest in Exxon but you never hear anyone going against him.
ReplyDeleteDon't blame the oil companies? What are you nuts?
ReplyDelete