“First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.” FirstsEnergyPayCompanyShareIndustryHigherTaxesPercentFairsRateCurrentsOilDebateDespiteGasFair ShareOil And Gas Author:John S. Watson
“I also believe - and hope - that politics and economics will cease to be as important in the future as they have been in the past; the time will come when most of our present controversies on these matters will seem as trivial, or as meaningless, as the theological debates in which the keenest minds of the Middle Ages dissipated their energies. Politics and economics are concerned with power and wealth, neither of which should be the primary, still less the exclusive, concern of full-grown men.” MenShouldMindBelieveHas BeensStillsImportantMatterSeemsAgePastEnergyWealthMiddleConcernConcernedEconomicsDebateCeasePrimariesMeaninglessControversyExclusiveMiddle AgesTheologicalGrown ManPolitics And Economics Author:Arthur C. Clarke