| Author |
Topic:
Obama seeks halt to tax subsidies for oil industry [Locked] |
Ptilk  Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
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Date Posted:
1/1/00 12:01am
Subject:
Obama seeks halt to tax subsidies for oil industry |
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It is absolutely the case here.
Oil companies are importing foreign oil (and the purchase is subsidized by the US taxpayers) in order to turn around and sell the gasoline created from that oil....overseas.
So we, the US taxpayers, are spending our money to subsidize the profit of oil companies on products which are of no benefit to the US public at all. Despite this fact, any calls to end the subsidies are responded to with dire predictions of dramatic increase in gasoline prices to the American consumer.
Think about that.
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SLAgent  Title: VN Artist
prolific sketchmonkey
Posts: 81
Registered: 2002-4-17 11:01:13
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Date Posted:
1/1/00 12:01am
Subject:
Obama seeks halt to tax subsidies for oil industry |
Gasoline is a byproduct of refining oil into PLASTICS...the very thing which we use to produce 'green' solutions to the energy problem. Gas prices are lower than they have ever been (when adjusted for inflation) there is no crisis in that area. the OIL however is needed for our technologically addicted society to function...and that is whats gonna rape us.
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Terminius_Est  Title: Moon River
Posts: 894
Registered: 2002-2-27 06:08:05
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Date Posted:
1/1/00 12:01am
Subject:
Obama seeks halt to tax subsidies for oil industry |
The argument I hear for the tax subsidies is the small companies need them.
The big ones definitely do not.
Just don't know about the small companies, I work for a big one.
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Hyperimiator Title: Maximus Probus
Posts: 840
Registered: 2001-7-20 18:55:36
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Date Posted:
1/1/00 12:01am
Subject:
Obama seeks halt to tax subsidies for oil industry |
You know why I know the big oil is full of crap?
Because I grew up in DC and every time that was a supposed gas shortage, Washington DC had the first and longest lines to get gas.
They deliberately starved DC to influence public opinion.
The only subsidy oil execs should get is housing, as in a free room in z federal prison.
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combat_mage_sc Title: Hi. My name is Combat and i'm an alcoholic.
Posts: 1,061
Registered: 2001-7-20 21:19:21
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Date Posted:
1/1/00 12:02am
Subject:
Obama seeks halt to tax subsidies for oil industry |
Rhodoman posted:
jeune posted:
That was not a subsidy.
That was a loan guarantee by the American people
These two sentences contradict one another.
Rho
Rhown3d!!
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Banelord_FF  Title: Cunstrukshen Werker
Posts: 321
Registered: 2002-1-3 14:33:41
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Date Posted:
1/1/00 12:02am
Subject:
Obama seeks halt to tax subsidies for oil industry |
Ptilk posted:
It is absolutely the case here.
Oil companies are importing foreign oil (and the purchase is subsidized by the US taxpayers) in order to turn around and sell the gasoline created from that oil....overseas.
So we, the US taxpayers, are spending our money to subsidize the profit of oil companies on products which are of no benefit to the US public at all. Despite this fact, any calls to end the subsidies are responded to with dire predictions of dramatic increase in gasoline prices to the American consumer.
Think about that.
Producing that gas here creates jobs for Americans.
Why stop with oil? Let's end them for all industries that shouldn't be getting them, including farming.
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Kanga_Roo Posts: 439
Registered: 2002-2-26 12:58:17
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Date Posted:
1/1/00 12:02am
Subject:
Obama seeks halt to tax subsidies for oil industry |
Rho - that's cool
Have a good one.
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BritonGuy Title: Serious Business
Posts: 1,567
Registered: 2004-3-4 20:43:50
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Date Posted:
1/1/00 12:02am
Subject:
Obama seeks halt to tax subsidies for oil industry |
Eradiani posted:
I rather see us get rid of the corn subsidy
Hemp would be more land efficient and easier to grow.
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Ah-Schoo Title: Fuzzy Caterpillar of Friendliness
Posts: 3,034
Registered: 2000-8-11 09:05:29
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Date Posted:
1/1/00 12:02am
Subject:
Obama seeks halt to tax subsidies for oil industry |
combat_mage_sc posted:
Rhodoman posted:
jeune posted:
That was not a subsidy.
That was a loan guarantee by the American people
These two sentences contradict one another.
Rho
Rhown3d!!
Rhodoman posted:
The only difference between a direct subsidy and a loan guarantee is ...
Yup, "Rhowned"
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