Wow. The dude pulled a real bait and switch there...
I'm mostly conservative and consider myself to be a capitalist, but I have to call major BS here.
When they say the oil companies make $1,400 a second, they are talking about PROFIT, no? NOT revenue. So although they do have to pay $4,000 a second in taxes, the net isn't a loss. Add $4,000 a second in taxes to the other $15,000 a second in cost. That means if there are no other costs, they are brining in $20,400 a second in revenue. boo f'ing hoo.