No More Tax Breaks for Oil

[ChangoLanzao 0]

"Seizing on a disastrous oil spill to advance a cause, President Barack Obama on Wednesday called on Congress to roll back billions of dollars in tax breaks for oil and pass a clean-energy bill that he says would help the nation end its dependence on fossil fuels."

Excellent!

CLICKY

[JohnRich 4]

Grab hold of your wallets, tightly.

[quade 3]

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Grab hold of your wallets, tightly.

I thought you were for "less government" and letting the "free market" decide things.

quade -
The World's Most Boring Skydiver

[ianmdrennan 2]

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Grab hold of your wallets, tightly.

I thought you were for "less government" and letting the "free market" decide things.

Only when it's convenient

Performance Designs Factory Team

[billvon 2,454]

>Grab hold of your wallets, tightly.

At least if you're an oil company exec. If you manufacture wind turbines, you might want to put some wanted ads in the papers.

[rhaig 0]

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>Grab hold of your wallets, tightly.

At least if you're an oil company exec.

and if you buy gas.

--
Rob

[rhaig 0]

Let's hope he can pull it off.

I'm no tree hugger, but I'd love to see the tech for other forms of energy develop, and that won't happen until it's demanded by consumers, which won't happen until they have to use the current tech.

--
Rob

[billvon 2,454]

>and if you buy gas.

It will definitely hit you if you buy lots of gas. Good solution to that: buy less.

[futuredivot 0]

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>and if you buy gas.

It will definitely hit you if you buy lots of gas. Good solution to that: buy less.

Are you urban or rural?

You are only as strong as the prey you devour

[JohnRich 4]

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It will definitely hit you if you buy lots of gas. Good solution to that: buy less.

Since the entire U.S. economy depends upon transport of goods, using gas, that pretty much is an admission that when the price of gas goes up to make up for the shortfall from the government removing the oil company tax breaks, then the price of ALL goods will increase, along with the price of gas.

[billvon 2,454]

>Since the entire U.S. economy depends upon transport of goods, using
>gas, that pretty much is an admission that when the price of gas goes up
>to make up for the shortfall from the government removing the oil
>company tax breaks, then the price of ALL goods will increase, along with
>the price of gas.

Right. We will be paying the actual price for gas instead of relying on a government subsidy. As a result, smart shippers will use more energy-efficient transportation. These people will offer shipping at lower prices, make more money and out-compete their less efficient competitors. Capitalism in action.

[ChangoLanzao 0]

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It will definitely hit you if you buy lots of gas. Good solution to that: buy less.

Since the entire U.S. economy depends upon transport of goods, using gas, that pretty much is an admission that when the price of gas goes up to make up for the shortfall from the government removing the oil company tax breaks, then the price of ALL goods will increase, along with the price of gas.

It will be worth it.

[Glitch 0]

Well that depends.... what will happen to the price of lift tickets?????

Randomly f'n thingies up since before I was born...

[quade 3]

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Well that depends.... what will happen to the price of lift tickets?????

At a certain point you have to not care.

Oil is THE most profitable business in the world. Why is it subsidized at all?

quade -
The World's Most Boring Skydiver

[kallend 1,661]

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Well that depends.... what will happen to the price of lift tickets?????

At a certain point you have to not care.

Oil is THE most profitable business in the world. Why is it subsidized at all?

That's a rhetorical question - right?

...

The only sure way to survive a canopy collision is not to have one.

[JohnRich 4]

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Right. We will be paying the actual price for gas instead of relying on a government subsidy. As a result, smart shippers will use more energy-efficient transportation. These people will offer shipping at lower prices, make more money and out-compete their less efficient competitors. Capitalism in action.

So our foodstuffs will be arriving at the grocery store by donkey instead of by truck. Uh-huh. If there was already a more efficient way to do it then trucks, someone would be doing it. That's capitalism in action too. But they're not. And therefore, since there isn't currently any better way, that means that raising the price of gas will simply drive up the price of food. As well as everything else. And some people are willing to hurt the country like that, in the hopes of spurring something more efficient way out into the future. I think punishing us now, for the hope of something better later, is a bad idea. If something better is possible, it will come soon enough, when it's ready, because that will make the inventor more money. Capitalism indeed. Government sanctions are a bad way to produce innovation.

[airdvr 200]

If the words 'Seizing on a disastrous oil spill to advance a cause' don't bother you I don't know what could.

End dependence on fossil fuels? That's some funny shit right there and you're all falling for it.

1970 - Nixon speaks in Congress: "I am inaugurating a program to marshal both government and private research with the goal of producing an unconventionally powered virtually pollution free automobile within five years."

1979 – Carter, always with the right idea of how things should be, but without an idea how to make it so - "Beginning this moment, this nation will never use more foreign oil than we did in 1977—never"

1991 – Bush the first, before attacking Kuwait in Desert Storm, called for an energy strategy which would reduce our dependence on importing oil.

1992 - Bill Clinton wanted to tax fossil and nuclear fuels, with a $3 barrel on oil, which would discourage foreign dependence, but cost drivers a dollar a day.

2003 - Bush told Congress in his State of the Union that we must “promote energy independence for our country" and asked for over a $billion for a FreedomCar which would use hydrogen fuel.)

I would have thought you'd be smart enough to see when you're being played.

'You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before. '
-Rahm Emanuel

Please don't dent the planet.

Destinations by Roxanne

[billvon 2,454]

>So our foodstuffs will be arriving at the grocery store by donkey instead of by truck.

Nope. They'll still be arriving by truck - but that truck may be coming 30 miles from a local farm instead of 1500 miles from the Midwest. 50 times less fuel, more local employment.

> If there was already a more efficient way to do it then trucks, someone
> would be doing it.

?? Why would they bother? Gasoline is cheaper than bottled water. "Efficient" currently means wasting oil, because it's cheaper to waste oil than to save it. Higher oil prices will reverse that.

> I think punishing us now, for the hope of something better later, is a
>bad idea.

So things like exercise, education, healthy diets, medical research and savings accounts are all bad ideas? Perhaps. Why plan for the future when there's a comfy couch, something on TV, a pizza in the freezer and a credit card in your pocket? Maybe that's what the US is coming to, but not all of us look forward to such a future.

[kallend 1,661]

In a free market system why do you think a very profitable industry should get tax breaks that the rest of us don't?

...

The only sure way to survive a canopy collision is not to have one.