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Big Oil Profits Go To Investors -- Not R&D or Exploration

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Amanda Lang
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More Than Half The Money Made By The Five Largest Oil Companies Goes To Stock Buybacks And Dividends. The percentage spent to find new deposits of fossil fuels ?has remained flat for years, in the mid-single digits.?
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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Consumer Affairs Oil Prices; Corporations Oil; Energy Research; Exploration; Oil Cost Of $$$; Oil Demand Supply; Oil Policy; Stock Market- Investing; WINDFALL OIL PROFITS TAX, Add Tags

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