Repub be quite. My point is just like the tax breaks for the rich create jobs the same thing goes for the Repubs-- If we had more oil gas would be cheap... Just like ALL Repub talking points NO proof. Facts say the opposite about both ideas.<quoted text>
Oil production is at the highest levels since 2003.
It takes 4 to 7 years to get from discovery to production of the big fields accounting for the increase, dumbass. It also takes 2 to 5 years of planning before you drill the discovery well, dumbass.
Obama couldn't be responsible unless he drilled those wells himself while Bush was president.
Oil imports are at a 20 year low.
Thanks to the increased production that we have 4 to 7 years after the discovery well is drilled, and the economic collapse and recession caused by the Democrats' ludicrous Marxist subprime housing loan program, dumbass.
Exxon makes a total of 9.6 billion dollars from its assets in the United States. Exxon pays 12.3 billion dollars just for being in the United States.
Don't be surprised if Exxon, the most American of all companies, decides they've had enough of this bullshit and moves to some other country. The entire industry will follow them, and Obama's Secretary of Energy will finally get what he declared he wanted in 2008 when he said the people in the United States need to pay the same for gas as people in Europe.
You are an idiot and an ignorant dupe.
P.S. Exxon paid 2% taxes last year but still managed to make more profit than any company in the history of the entire WORLD.
P.S.S. Exxon's average cost to produce ONE barrel of oil is $2.30. They then sell it to Americans for almost $100.00/barrel. Twist that fact into somehow it's Obama's fault.
Some of these companies paid more than 9 percent -- JPMorgan earned $26.7 billion in 2011, for example, and paid $3.7 billion of it, or 14 percent, to the federal government -- and some paid less, like Exxon Mobil, which only sent 2 percent of its $73.3 billion earnings to the IRS.