I don't think so, just politics. Note bold.

Company Financials

Chevron earnings before taxes 9,677,000

Taxes paid to Government 4,509,000 (47%)

Net 5,168,000

Gov’t received nearly as much doing what?

According to the Tax Foundation, from 1977-2004, big oil made $643 billion in profits. During that same span, Federal and State governments made $1.343 TRILLION in tax revenues from big oil.

Industry Comparison:

Is anyone talking about the hedge funds? Is anyone talking, is anyone in congress talking about the hedge funds? You know why not ? They are not talking about the hedge funds because the hedge funds give them all kinds of money. The hedge funds, these guys Chelsea Clinton works for a hedge fund. John Edwards worked for a hedge fund. Al Gore works for a hedge fund, owns his own hedge fund. Nobody wants to talk about hedge funds. You want to talk about obscene profits... Their profit margin in hedge funds is 87%. 87% profit margin. That is printing money. So you want to talk about an obscene profit margin, there it is... that is ten times the profit margin of oil. Oil's profit margin is about 8.5%... Why are we going after them? How about healthcare facilities? 48%. Publishing, periodicals, magazines is 34%. Information delivery services, 23%. Silver is 22%. Application software industry is 22%. Shipping, 21%... Copper is 19%. Tobacco products, 19%. Drug manufacturers, 17%. Insurance brokers, 16. Beverages, wineries, distilleries, 15%. Long distance carriers, 15.8%, railroads, railroads, 13.9%. Steel and iron, 13.8. Cigarettes, 13.7. Integrated circuits, semiconductors, 13.6, Money center banks, 10.8. Hotel/motels, 10.6. Asset management, 10.5. Beverage, Brewers, 10.5. Resorts and casinos, resorts and casinos are 10.5. Casinos are 10.5. Oil is 8.5. I mean, when a casino makes 10.5 and a hedge fund makes 81.7, you've got to ask yourself what's an obscene profit margin.