Time to finally stop gving money to the theving oil compaines

Obama will propose eliminating $4 billion a year in tax breaks for oil companies in his new budget, marking his "third effort to eliminate federal support for an industry that remains hugely profitable." While all previous efforts ran up against congressional opposition and "heavy lobbying" from industries, Obama's new proposal will rekindle a long-running debate over federal subsidies for all energy types, including green energy.

Yay.

Reply to
Gary L. Burnore
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Get the story right. The government does not "give money" to oil companies. The oil companies, like all businesses, have breaks in the sense that they have tax deductions that allow them to keep more of their own money. I have read that the governments (fed, state, local) make more money on taxes on every gallon of gas, than the oil producers make in profits!

The government DOES give money to certain alternative energy producers in the form of grants and subsidies. For instance, corn ethanol is heavily subsidized at multiple levels even though it is perhaps the biggest boondoggle in energy production. Ethanol is a commercial and environmental failure at every level, yet I don't see a public outcry to stop the wasteful government support spending. If bio-fuels made sense, and competed successfully in a free market with oil ... which it doesn't .. there would be some justification. As things stand, corn for ethanol is sheer stupidity sanctioned by government. Therefore, let's cut this outrageous ethanol insanity first. There are studies that suggest it takes more energy to produce a gallon of ethanol than that ethanol actually delivers when burned. Norskey in MN.

Reply to
Norskey

Then quit buying their products, netwit!

Reply to
Jane_Galt

Hahahahahahahahahahahahahahahahahahahahahaha. Dumbass.

Reply to
Gary L. Burnore

"There is alternative ways to motivate one's self body around and we don't have to buy fuel for autos."

You should be ashamed that you typed the sentence above. But you don't know why.

Reply to
JoeSpareBedroom

Free health care would actually keep down health care costs.

Got one leg. Kinda hard.

There's nothing at all wrong with higher gas prices as long as we don't turn around as a country and allow them to steal from us via govt givebacks, subsidies, tax breaks.

All that said, tell all the people who live so far from work that they must stop working or drive a car about how walking is good. Rethughs are against public transportation, something that'd be good in more ways than one, and against giving people health care, but they have no problem at all funneling money to oil companies, most of which aren't even paying taxes in the US, let alone BEING from the US.

Reply to
Gary L. Burnore

He gets all excited when someone posts something he knows is right. Makes him lose his grasp on grammar.

Reply to
Gary L. Burnore

Sorry some of us don't require wheelchairs.

Reply to
ByTor

Why do people say free?

Reply to
ByTor

Get an electric car!

Take a bus. A train. YES a bike.

If you really feel so strongly.

Reply to
Jane_Galt

But you do drive to work? DO YOU work? Or are you on the dole?

Reply to
Gary L. Burnore

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