Quote:
Originally Posted by Rick Lee
No, it's public welfare. Take those subsidies away and the price goes up overnight by a commensurate amount. Hey, I'm all for it. But it won't punish the oil companies one penny. It'll demonstrate to the public that they're really the ones being subsidized.
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OK, I need a little help here. I've heard politicians talk about oil subsidies, I've heard lots of people on this board talk about oil company subsidies, please, just for one, GIVE ME AN EXAMPLE!
Folks are convinced that there are oil company subsidies. Tell me what they are. I dare ya.
There were subsidies for small refineries (under 50,000 bbls/day) but that was stopped in the early 80's. most of them closed down soon after because they couldn't compete with the bigger and more efficient refineries.
Please tell me which subsidies you are talking about now, and if you can't then please stop spreading the myth.
If you suggest there are subsidies then someone else will read it and think it's true.
The sky is not purple, the moon is not made of green cheese, and the oil companies do not get big bad subsidies. They are something that politicians like Hillary and Obama made up to get votes from the mush-heads.
Thanks.