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America Protects Oil Companies That Don't Pay Their Bills

Posted By Dr. Mercola | May 17 2007 | 2,130 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.



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Disclaimer: The entire contents of this website are based upon the opinions of Dr. Mercola, unless otherwise noted. Individual articles are based upon the opinions of the respective author, who retains copyright as marked. The information on this website is not intended to replace a one-on-one relationship with a qualified health care professional and is not intended as medical advice. It is intended as a sharing of knowledge and information from the research and experience of Dr. Mercola and his community. Dr. Mercola encourages you to make your own health care decisions based upon your research and in partnership with a qualified health care professional.

*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.

Disclaimer: The entire contents of this website are based upon the opinions of Dr. Mercola, unless otherwise noted. Individual articles are based upon the opinions of the respective author, who retains copyright as marked. The information on this website is not intended to replace a one-on-one relationship with a qualified health care professional and is not intended as medical advice. It is intended as a sharing of knowledge and information from the research and experience of Dr. Mercola and his community. Dr. Mercola encourages you to make your own health care decisions based upon your research and in partnership with a qualified health care professional.

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