In case ya missed it, earlier this week all the big news outlets carried at least part of this story about how the Big Oil profits are divided up.

In a nutshell, here’s where all that money goes:
55% (!) goes to shareholders now, up from 30% in 2000 and just 1% in 1993
15% goes to finding more oil now, about the same % for last 15 years

30% goes to operating expenses, research and development and misc.

WOW!

(Below is the link to the AP story on the CBS website.
Read ‘em and weep)

http://www.cbsnews.com/stories/2008/07/22/business/main4281002.shtml

My question is, “How can we fix this?”