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Colbert Breaks Down Oil Company Magic Profits 18369

Colbert Breaks Down Oil Company Magic Profits
As you can see here, 72% goes to the price of crude oil. Another 16% is eaten up by refining, distribution and service stations, and the last 12% is taken away by taxes. That is a total of 100%. That is right, Nation. Oil is a zero-profit business. [..]


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