The top five oil companies have reported $62.2 billions in earnings through the second quarter of 2012. And on Thursday, these companies will begin releasing their earnings reports for the third quarter.
These companies, and the entire oil and gas industry, have been rewarding members of Congress who have voted repeatedly to keep in place billions of dollars in taxpayer handouts to Big Oil. They're spending big in hopes of electing a Congress—and president—who'll be pliant to their demands.