Exxon as of 2012 made $104 MILLION profit every day 7 days per week 365 days per year. The .04 cents is at the gas pump. Most of their income is due to it costing them $2.30/barrel to produce and selling it on the world market at almost $100/barrel.<quoted text>
Sorry, I DISAGREE with merely your opinion. Keystone isn't actually just about oil prices here-it's about opening more trade OUT from America too.
And oil companies don't actually make all that much profit on the dollar, TWO to FOUR cents average.
What drains people at the gaspumps-
So save your clueless bobblehead propoganda-because not everyone are idiots.
The next big sell out of America by them is the new found natural gas. In Aug of 2012 they filed for a permit to build the largest LPG port in America. All this new gas that was suppose to get us off import oil all together will be shipped to China.
Drill Baby Drill and Frack Baby Frack helped NO one in America. We were sold out by big oil.
WASHINGTON — The Republican Senate blocked an effort to end billions of dollars in tax breaks for the oil industry, brushing aside President Obama's argument that the five big oil companies were doing "just fine" while consumers were struggling with painfully high gasoline prices.