Oil prices are a trillion dollars higher than they were before the shale revolution, and the industry is so profitable that it’s now making money off every barrel of oil spilled.
But the oil boom has come at a cost: the oil companies are getting richer, and getting more expensive to do business.
As a result, oil companies around the world are losing billions in profit every year.
Here are a few things you need to know about the industry’s dirty little secret.1.
Oil companies are spending more on lawyers and lobbyists than they are on workers.
According to a report by the International Labor Organization, the oil industry spends more than $100 billion per year on lobbyists.2.
The industry is spending billions more than it’s paying for health care and pensions.
In a report published in May, the OECD found that oil and gas companies are among the largest spenders on lobbying.
The U.S. and Canada have the second and third largest expenditures per capita, respectively.3.
Oil and gas lobbyists are paid more than their competitors.
According a study by Bloomberg News, ExxonMobil’s total lobbying spending rose by 765 percent from 2006 to 2016, while its total compensation increased by more than 10,000 percent.4.
The fossil fuel industry has an army of lobbyists and consultants.
According the Center for Responsive Politics, there are more than 100,000 people in the oil and natural gas industry, including oil and oil and petroleum engineers, oil and coal engineers, engineers and researchers, geologists, geochemists, geoscientists, and geophysicists.5.
Companies are paying more than they’re paying for pensions.
Oil firms have a pension system that guarantees workers a certain number of years of service, with benefits that can vary depending on how much you earn and the type of company you work for.
Oil giants like ExxonMobil and ConocoPhillips also have pension plans, but the money is not being used for pensions or health care.6.
The oil industry is the largest source of tax revenue for the U., the U, and Canada.
Oil is one of the world’s biggest industries, with revenues of more than a trillion pounds ($1.3 trillion).
In 2018, the average U.K. oil and petrol company paid $1,738 per employee.
The average Canadian oil and london gas company paid more: $1.6 million.7.
Oil production is growing, but jobs are being lost.
The number of oil workers worldwide rose by a staggering 7.7 percent from 2015 to 2020, but they’re not getting any younger.
The biggest declines were in the U and Canada, which have the world the lowest proportion of workers aged 65 and over.8.
Companies have been able to hide the costs of their climate change policies.
Many oil companies have kept the costs hidden by selling products made with less carbon than their own, or by shifting the money spent on those products to a company that has a higher carbon footprint.9.
Many of the most expensive projects in the world have already been built, but some are still being built.
The world’s largest energy company, Saudi Aramco, has said it’s going to build the world to the tune of $3.2 trillion in new oil and fossil fuel infrastructure.
The company has said the $2 trillion project will be completed within a decade.10.
Oil prices have remained high since 2008.
Since then, the price of oil has fallen more than 50 percent.
The last time oil prices were this low was in 2008, when oil prices reached an all-time low of $18 a barrel.
The price of crude oil has dropped below $20 a barrel five times since 2008, according to Bloomberg News.11.
There is still no clear way to measure how much of the climate change money goes to workers.
A study by the Environmental Defense Fund found that in the first six months of 2020, the Environmental Protection Agency only counted $5 billion in grants that went to workers, compared to $19 billion in 2020, $30 billion in 2021, and $49 billion in 2022.12.
The cost of oil and other fossil fuels is rising.
The Environmental Protection Office says the price per barrel of crude in the United States rose by 28 percent from 2008 to 2020.13.
In 2016, Exxon, the world ‘s largest oil company, reported that it was “in the process of building a new oil field” that would be one-third the size of the one that it built in 2010.14.
In 2020, oil prices dropped by 25 percent, but this year’s drop is still greater.
The drop in oil prices is attributed in part to the fact that global demand has been growing faster than oil production, and that the cost of developing and producing oil is falling.15.
Oil extraction has become more profitable than ever.
The amount of oil extracted in the last 10 years