According to the list of countries of the world sorted by their gross domestic product (GDP), These are the year 2007 figures, released by the World Bank.
1. United States
5. United Kingdom
13. South Korea
Saudi Arabia is the world’s leading petroleum exporter. Oil accounts for more than 90 percent of exports and nearly 75 percent of government revenues. Oil has provided Saudi Arabia with economic prosperity and a great deal of leverage in the international community.
With the gas prices reaching record levels there is renewed pressure on the U.S. government to bring windfall profits tax on oil companies.
In 1980, United States federal legislation was passed that levied such a tax on oil companies because of the profits they earned as a result of the sharp increase in oil prices brought about by the OPEC oil embargo.