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Non-Tech : Alternative energy
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To: Rock_nj who wrote (2927)4/25/2006 11:12:41 AM
From: Big Bucks  Read Replies (1) of 16955
 
Rock,
To put things into perspective....XOM grossed $59B last year.
Of that amount $23.3B was ceded to the government as taxes
and XOM had a net income of $36.1B, which means that we
consumers/taxpayers payed about 40% federal taxes for
oil/fuel. So indirectly we ARE paying for military protection which is priced into the cost of oil.
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