text: No - the oil industry doesn't spend a large percentage of it's money on employees - I am one. \n\nThe money is spent in technology, and processes of actually drilling the well. It costs hundreds of thousands of dollars to drill a single well, and the well spends the better majority of it's life simply paying itself off. \n\nThe only reason the oil companies make alot of money is because the industry is huge. We only make about a 7% profit, when costs are taken into consideration, where bottled water companies make a 75 - 200 % profit margin.