Now that corporations are people too, I want to vote for Exon as president in 2012,... that way there is none of this mamby pamby underhanded paying other people to run in their interests and would mean much more trickling down for the unwashed masses to buy a bar of soap or some of that Repulican preemption H!

Another reason to trim the military and get out of Iraq, Afganistan and the myriad of other nations we find ourselves concerned with.

How much oil does the U.S. military consume each day? ANSWER: The U.S. military is the largest consumer of oil in the world - about 300,000 barrels per day, more than the entire nation of Sweden. In Iraq the U.S. military uses the equivalent of about 16 gallons of oil per soldier per day. In 2007, the oil companies Exxon Mobil, Shell, Total, BP, and Chevron were paid $4.1 billion by the Department of Defense, with Shell leading the way at $2.1 billion.

http://www.forestecologynetwork.org/climate_change/energy_facts.html

This ‘fact’ is from 2007, I’m sure it has increased since then.

If Exxon grossed, say 120 billion for the quarter, the profit was around 9% of that. Let’s reduce Exxon’s gas price at the pump by 9%. The price will still be about $3.50 per gallon. Tax revenues to the Feds will go down around 3 billion, and there will be no dividend payouts to the Wisconsin teachers’ union pension fund. Is that a good thing?

If the Feds raise Exxon’s taxes, don’t you think that just maybe Exxon’s smart enough to add those taxes to the price at the pump? If we really are slaves to our cars, we’ll pay the price and Exxon will keep rolling in dough. Don’t forget the old axiom- businesses/sellers don’t pay taxes; customers/buyers pay taxes.

The only way to bring gas prices down is to increase supply. As long as China and India keep on growing, the demand will not go down.

(For my part, I don’t understand why anybody buys Exxon gas- where I live the Exxon pump prices are always about 10 cents more than any other dealer’s. And, really, unless you’re driving a Ferrari, gas is gas.)

God is great!

Think they will pass all this out to the shareholders (suckers) as dividends?