All 15 US Oil & Gas Companies With Stock Market Caps Above $20 Bil Paid Total Foreign Income Taxes of $152.6 Bil in the Most Recent 5 Years as Compared With Total Foreign Pretax Income of $372.1 Bil, Resulting in an Eye-Popping Foreign Income Tax Rate Paid of 41.0% in the Most Recent 5 Years .................................................................................... On the Other Hand, These 15 US Oil & Gas Companies Paid Total US Federal Income Taxes of $22.15 Bil in the Most Recent 5 Years as Compared With Total US Pretax Income of $96.19 Bil, Resulting in a Substantially Lower US Federal Income Tax Rate Paid of 23.0% in the Most Recent 5 Years .................................................................................... When Your Actual Total US Federal Income Tax Rate Paid For the Key Oil & Gas Industry is 23.0%, or 44%% Below Your Actual Foreign Income Tax Rate Paid of 41.0%, the Last Thing You Want To Do is to Lower the US Statutory Federal Income Tax Rate By 43% From 35% to 20% ...................................................................................... This Action Would Be Just Horrible US Legislative Tax and Economic Policy ..... Just Throwing US Taxpayer Money Away ....., Designed By Someone Who is Either Clueless on Financial Matters or is Bought and Paid For By the US Oil & Gas Industry

Based on a review of their audited annual financial statements and income tax footnotes filed with the SEC, below in the first chart is the Foreign Income Tax Paid and the related Foreign Pretax Income and in the second chart is the US Federal Income Tax Paid and the related US Pretax Income for the most recent five years for each of the 15 US Oil & Gas Companies with Stock Market Caps Above $20 Bil currently, with the Companies presented in Stock Market Cap order:

Based on Foreign Income																Total
																5 Years	Total	5 Years
	2016			2015			2014			2013			2012			2012-16	5 Years	2012-16
	Foreign	2016		Foreign	2015		Foreign	2014		Foreign	2013		Foreign	2012		Foreign	2012-16	Foreign
	Income	Foreign		Income	Foreign		Income	Foreign		Income	Foreign		Income	Foreign		Income	Foreign	Effective
US Oil & Gas Companies	Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax	Income
Stock Mkt Caps > $20 Bil	Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income	Rate Paid
	mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s	mils $s
Exxon Mobil	4,056	13,801		7,126	21,819		14,755	42,550		22,115	47,965		25,650	67,504		73,702	193,639	38.1%
Chevron	2,744	2,157		2,997	7,719		9,235	24,906		12,296	31,233		15,626	37,876		42,898	103,891	41.3%
Schlumberger	648	1,198		1,085	3,572		1,380	5,649		1,211	6,787		1,025	4,979		5,349	22,185	24.1%
ConocoPhillips	393	(1,120)		745	(3,089)		2,846	7,080		4,249	9,400		6,255	11,353		14,488	23,624	61.3%
EOG Resources	51	(37)		54	(81)		83	(166)		134	168		152	(707)		474	(823)	-57.6%
Occidental Petroleum	630	1,034		883	(3,666)		1,912	2,273		2,170	4,747		2,383	5,636		7,978	10,024	79.6%
Phillips 66	66	478		(74)	1,061		22	624		98	368		160	364		272	2,895	9.4%
Kinder Morgan	6	172		4	161		13	150		9	331		10	97		42	911	4.6%
Halliburton	415	(989)		636	624		734	1,692		485	1,694		328	996		2,598	4,017	64.7%
Valero Energy	229	1,449		107	644		77	875		82	445		126	725		621	4,138	15.0%
Marathon Petroleum Corp	(1)	NA		10	NA		5	NA		5	NA		(1)	NA		18	NA	NA
Pioneer Natural Resources	-	-		-	-		-	-		-	-		-	-		-	-	NA
Anadarko Petroleum	378	(101)		495	(534)		1,574	3,618		873	1,678		891	3,433		4,211	8,094	52.0%
Williams Companies	(1)	(885)		(55)	20		10	102		(13)	119		40	196		(19)	(448)	4.2%
Concho Resources	-	-		-	-		-	-		-	-		-	-		-	-	NA
Total all 15	9,614	17,157		14,013	28,250		32,646	89,353		43,714	104,935		52,645	132,452		152,632	372,147	41.0%

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Based on US Income																Total
																5 Years	Total	5 Years
	2016			2015			2014			2013			2012			2012-16	5 Years	2012-16
	US	2016		US	2015		US	2014		US	2013		US	2012		US	2012-16	US
	Income	US		Income	US		Income	US		Income	US		Income	US		Income	US	Effective
US Oil & Gas Companies	Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax		Tax	Pretax	Income
Stock Mkt Caps > $20 Bil	Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income		Paid	Income	Rate Paid
	mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s		mils $s	mils $s	mils $s
Exxon Mobil	(214)	(5,832)		-	147		1,456	9,080		1,073	9,746		1,791	11,222		4,106	24,363	16.9%
Chevron	(623)	(4,317)		(817)	(2,877)		748	6,296		15	4,672		1,703	8,456		1,026	12,230	8.4%
Schlumberger	(511)	(3,103)		90	(691)		718	1,990		682	1,904		698	1,980		1,677	2,080	80.6%
ConocoPhillips	(9)	(4,410)		(718)	(4,150)		188	2,310		724	5,046		63	4,070		248	2,866	8.7%
EOG Resources	12	(1,521)		22	(6,840)		269	5,161		208	3,269		243	1,988		754	2,057	36.7%
Occidental Petroleum	(784)	(2,698)		(810)	(5,810)		870	(732)		113	3,399		(308)	852		(919)	(4,989)	18.4%
Phillips 66	(105)	1,713		1,128	4,983		1,661	5,121		1,054	5,158		1,967	6,192		5,705	23,167	24.6%
Kinder Morgan	(148)	1,466		(125)	611		(16)	2,941		57	3,107		48	1,246		(184)	9,371	-2.0%
Halliburton	(737)	(6,636)		(635)	(1,560)		959	3,020		245	1,070		695	2,826		527	(1,280)	-41.2%
Valero Energy	294	1,733		1,513	5,327		1,196	4,677		635	3,531		515	4,015		4,153	19,283	21.5%
Marathon Petroleum Corp	189	1,822		1,210	4,374		1,382	3,835		954	3,246		1,185	5,238		4,920	18,515	26.6%
Pioneer Natural Resources	(22)	(959)		22	(421)		3	1,597		11	(574)		5	832		19	475	4.0%
Anadarko Petroleum	(140)	(3,728)		(177)	(9,155)		188	(3,564)		113	428		45	132		29	(15,887)	-0.2%
Williams Companies	-	510		-	(1,733)		(9)	3,482		(17)	961		91	1,093		65	4,313	1.5%
Concho Resources	(12)	(2,339)		0	97		17	856		13	357		7	659		25	(370)	-6.8%
Total all 15	(2,810)	(28,299)		703	(17,698)		9,630	46,070		5,880	45,320		8,748	50,801		22,151	96,194	23.0%