"big oil?"
"The U.S. purchases and consumes over 50% of the worlds oil."
Which is inaccurate.
America imports about 25%.
"we purchase 50% of our oil from the world?"
Which is more accurate but entirely different from your previous statement. But according to the Dept. of Energy, "The DOE reports 38% of fossil fuels are imported while 62% are produced domestically."http://www.americanchronicle.com/articles/49977
We aren’t talking about fossil fuels, we’re talking about oil, and as I had already said before when I corrected myself, my hands were faster than my brain.
And yes, big oil. As in their CEO’s, board of directors, etc.
They have stated that they’re doing what’s best for THEIR shareholders, everyone else and our economy be damned.