|Fordson Super Major tractor (Photo credit: markpeate)|
Here's an excerpt from the article cited above:
Single-handedly, oil and gas companies finance over 10 percent of non-defense discretionary spending within the U.S. budget. According to the Wall Street Journal, ExxonMobil, the world’s largest energy firm, paid out $59 billion in total U.S. taxes over the five years prior to 2010 while earning only $40.5 billion in domestic profits.I'll be riding on the benefits of big oil when we motor east from Phoenix to Toronto -- leaving tomorrow. Right now, I'm scarfing down all the In 'N' Out burgers I can. But, that's another post for another time. Have a good week-end.