Not one of the outspoken conservatives has managed to respond to this thread. Either they don't know what to say, or don't think they should respond - I doubt all of them have NOT seen the title of this thread.
Interesting, or perhaps not.opcorn2
I dont think I fit into the group and am no authority on the topic when it comes to oil, but in general it seems only logical that subsidies and tax breaks would be best used for those generating revenue. Now the amounts of these subsidies and tax breaks should obviously be looked at so that those receiving them are not getting the lions share of the reward, but when it comes to subsidies, tax breaks, and other social programs there is a big difference to me in an investment and a gift with little to no ROI. Being a product of subsidies myself (college grants, H.O.P.E., tax credits) I dont see how anyone can argue the Government made a poor investment given that I will repay them 100 fold in my lifetime. I have not looked at any numbers but I am sure our government makes plenty of money off these companies. I assume(and correct me if I am wrong) that in the end this really isnt an economic issue from big oil/governments standpoint, but instead how that affects the rest of us.