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I know you don't read much, Sammy, but this might help you understand.



The majority of the world's oil reserves are controlled by state-owned companies. The rest is "in play" politically.

The US doesn't "own" energy companies. It's really closer to the other way around. Many energy companies are paying infinitesimal taxes and getting direct government subsidies. All while making record margins and profits. How they work with the US government is rarely illuminated as clearly as the evidence below shows...

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Old 05-12-2011, 12:31 PM
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