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Yech, get your facts straight before demonizing the Oil Sector or Corporate America for that matter. The US has the World's Highest Corporate Tax rates. Both sides of the Aisle Have agreed to that.
Aug 03 12:39 pm
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All Comments by NOWHEREMAN »Exxon's Record Taxes, Capital and Exploration Spending in Perspective [View article]
The USA does not spend approx. $600 Billion annually on Foreign Oil. The Oil Companies do. To elimnate our dependence on Foreign Oil, Congress should take all of their profits. This would prevent further purchases and our dependence will vanish. Hurrah!
Be careful of what you wish for.