SEARCH:
Sign in | Join | Help
search Mercola.com
 
FREE Subscription 
The World’s Most Popular Natural Health Newsletter
Share this article
Previous Post
Next Post
America Protects Oil Companies That Don't Pay Their Bills
Posted by: Dr. Mercola
May 17 2007 | 1,801 views

In "competition" for which industry is greedier -- the multi-national drug cartel or big oil -- you may think the latter has the leg up after watching this PBS video about one oil company that refused to pay $10 million in royalties owed to taxpayers and the American government.

A veteran auditor with the Minerals Management Service (part of the U.S. Department of the Interior), Bobby Maxwell prepared an order in 2002 to have Kerr McGee pay those royalties but his agency killed it. To add insult to injury, Maxwell lost his job with the agency after filing a lawsuit under the False Claims Act that was intended to protect government whistleblowers in the first place.

The problem: Kerr McGee was selling oil at a reduced price in exchange for marketing services, but should've been paying royalties on the full price of the oil, Maxwell says, thus the $10 million shortfall.

This is just one more example of how this government protects the interests of its "real" constituents -- big business -- at the expense of America's fiscal and physical health.







Share this article
Previous Post
Next Post
 
 Do you find this article interesting?
Comment on This Article Community Comments (4)

 
Share this article
Previous Post
Next Post
 
 
© Copyright 2009 Dr. Joseph Mercola. All Rights Reserved. If you want to use this article on your site please click here. This content may be copied in full, with copyright, contact, creation and information intact, without specific permission, when used only in a not-for-profit format. If any other use is desired, permission in writing from Dr. Mercola is required.
* These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease. If you are pregnant, nursing, taking medication, or have a medical condition, consult your physician before using this product.