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Big Oil execs appeared on Capitol Hill yesterday and told members of the Senate Finance Committee, in so many words, "Don't # with us."
Exxon Mobil CEO Rex Tillerson, who earns roughly $21 million a year, called the attempt to roll back the subsidies "misinformed and discriminatory." Then he threatened to abandon America all together: "You give me a different tax burden," he said, "I'm going to take my capital then, since the U.S. isn't attractive, I've got to go somewhere else."
Originally posted by havok
reply to post by samaka
Valid point.
But remember that without oil, you would have nothing.
No computer, no industry, no internet, no jobs..(in today's standards)
It may feed the MIC, but it feeds you too.
Until we find a better, cleaner way to survive, it's all we have.
You don't have to use oil.
Think of it that way.
These people know this and are profitting over it.
They also know that we wouldn't have this way of life without it.
Therein lies the problem.
Maybe our own lust.
reply to post by Robin Marks
Well said.
Exxon Mobil CEO Rex Tillerson, who earns roughly $21 million a year, called the attempt to roll back the subsidies "misinformed and discriminatory." Then he threatened to abandon America all together: "You give me a different tax burden," he said, "I'm going to take my capital then, since the U.S. isn't attractive, I've got to go somewhere else."
Originally posted by whaaa
Ask yourselves....
Why is gas .19 cents a gal. in Venezuela?
Or why is gas in Puerto Rico only $1.76 that has no oil, no refineries and it all has to be shipped in.
Who profits and where does all the tax go?
www.businessweek.com...
money.cnn.com...edit on 18-5-2011 by whaaa because: where's DD?
Originally posted by samaka
I'm appalled by the amount of greed these big wig oil execs display. They really are root of all greed. The beautiful part it is even our pathetic , complacent , ignorant public some day will revolt against abuse and will brake the oil cartel and nationalize this abusive industry. I'll be waiting patiently for someone to come up with an alternative fuel source and brave enough to bring it to the market.
www.rollingstone.com
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