Monday, June 23, 2008

Do You Think This is True

"Big Oil"
Many hadn't realized, until the hearings on energy that were held recently in House and Senate committees, that the United States doesn't have any big oil companies. It's true: the largest American oil company, Exxon Mobil, is only the 14th largest in the world, and is dwarfed by the really big oil companies--all owned by foreign governments or government-sponsored monopolies--that dominate the world's oil supply.

This graph tells the story; you can barely see the American oil companies as minor players on the right side of the chart. The chart was presented to the House committee by Chevron.
This was from an email I received today. I don't know if it is true. It is interesting none-the-less.

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