If oil companies don't make a profit, will USA still produce oil?

The name of the game is to make a profit folks! They do pay 45% taxes back to the government. Thats more than you and I do.If oil companies don't make a profit, will USA still produce oil?
OK the Congressional record shows that the oil companies do in fact pay on average 45% of income back in taxes. Use your head before opening your mouth.





Also no one talks about how much of that profit has been put back into exploration for new oil and other research.





Ask yourself this. If you made $50K last year in profits how much would be left after taxes and social securtiy and medicare and food and rent and on and on.





The $40 million was not pure profit.If oil companies don't make a profit, will USA still produce oil?
I AGREE WITH YOU ON THIS THAT PROFIT IS THE NAME OF THE GAME. THE MEDIA ELITE %26amp; THE DEMOCRATS NEEDN A SCAPEGOAT SINCE THE ENVIROMENTISTS HAVE PREVENTED OIL EXPLORATION OFF THE COAST OF FLORIDA OR IN ANWAR IN ALASKA.
They would be crazy if they did.





I reserve the right to complain about the high price of gas without expecting the government to get involved.





Free Press, I've noticed you're on a riot kick tonight.
as gas prices go up to the sought after 4.00 gallon mark look for rioting in the streets.Tink you are one of the best but profits of record numbers will fuel riots at 4.00 gallon. no more Bush bashing my God what have I done!!!! add yes Ruth I have lost my mind tonight and I regreat every word ,well almost every%26lt;smile%26gt;
I don't know what you are smoking but 45% is a pipe dream number if the oil companies are not making a profit we're in trouble and if they are making as big a profit as they have been were in trouble