When people use the phrase "big oil" and are referring to the likes of Exxon and BP, you can know, with immediacy that person doesn't know what they're talking about. And the reason, despite these corporations being multi-billion dollar firms, is that they're not really that big.
Not that big compared to the rest of the economy;
(I'd love to see I Pod profits to oil profits)
And not that big compared to the REAL big oil; nationalized oil firms in the Mideast.
Ergo, I think we should start a campaign to revoke the voting rights of people who use the term "big oil."
What makes it even better is that the chart showing profits by industry only includes goods, not services. I'd love to see how banks measure up to "big" oil.
ReplyDelete"Big" oil is a drop in the bucket. But apparently that's more than enough to control the entire world behind the scenes, right? Riiiiight.
Nice charts, Captain.