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Do you make $13.8 million an hour? If you do, you might be an oil company
Posted 2 May 2013 in
The top five oil companies have released their quarterly financials, and it should come as no surprise that the fossil fuel industry continues to excel in one area: making money at your expense.
We did a little math and found that with profits averaging $6 billion, the top five oil companies made $13.8 million every hour during the first quarter of 2013. To put that in perspective, the median annual household income in the US is $52,762. In other words, it would take the average American family 261 years to make what the oil companies do in one hour!
So the next time you hear oil companies trying to attack the petroleum alternatives we desperately need, just remember what they’re trying to protect: a monopoly on your gas tank and more money than most people will ever see in their lifetime.
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Do you make $13.8 million an hour? If you do, you might be an oil company
