I heard audio of this just now on Rush as I was fiddling with my links, and I was all “But why didn’t he say…!”

FOXnews – Sen. Dick Durbin on Gas Price Politics

CAVUTO: Senator, do you know how much, out of curiosity, is built into a gallon of gasoline, the profits of the oil companies? Do you know what’s the average?

DURBIN: Well, let me see. ExxonMobil, what did they make in three months? It was $10 billion, if I’m not mistaken, the largest corporate profits in the history of the United States.

CAVUTO: Maybe you could answer my question. It’s about 9 cents. Do you know how much taxes are, Senator? About 50 cents.

DURBIN: Let me tell you….


CAVUTO: So, don’t you think you should be more focused on the tax-gouging than necessarily the profit-gouging?

DURBIN: How do you explain their profits after taxes? You’re ignoring that, Neil. You don’t want to talk about it.

CAVUTO: Are you ignoring the taxes? Senator, I’m asking you simply, are you ignoring the taxes? Would you roll back those taxes?… Would you roll back those taxes?


CAVUTO: So, $50 cents a gallon, the taxes are OK? The 9 cent profit, that’s not OK?

DURBIN: Oh, stop the 9 cents.

Talk about ExxonMobil’s record profits, my friend. Four hundred million dollars for their CEO, aren’t you a little embarrassed by that?

And then he just drops it! Cavuto should have said:

“Yeah, four hundred million dollars on 9 cents profit, but what about 2.2 billion dollars on fifty cents profit? Or 10 billion dollars on 9 cents profit, but what about 55 billion dollars on 50 cents profit? Aren’t you embarrassed by that?”