Some common sense that reminds of our nonsensense desires: " In the 20 years from 1987 to 2006, Exxon Mobil invested more ($279 billion) than it earned ($266 billion). Five weeks after the company announced its 2006 earnings, it said it will invest $60 billion in oil and gas projects over the next three years. It will, unless a President Clinton and a Democratic-controlled Congress "take'' Big Oil's profits, which are much smaller than Big Government's revenue from gasoline consumption.
Oil companies make about 13 cents on a gallon of gas. Government makes much more. The federal tax is 18.4 cents per gallon. Mrs. Clinton's New York collects 42.4 cents a gallon. Forty-nine states -- all but Alaska -- make more than the oil companies do on every gallon. "
1 comment:
C'mon Steve -- the government is not a for profit venture. Oil companies are. Let's examine things on their own merits. This comparison is invalid because of an unwillingness to recognize the clear and present differences at work.
dcat
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