No, we charge them money to drill and explore.
Oil and Gas Lease Sales in Gulf of Mexico Attract $3.7 Billion
http://www.gomr.mms.gov/homepg/whatsnew/newsreal/2008/080319.pdf
http://www.blm.gov/wy/st/en/info/news_room/2008/08/05ogsale-results.html
I’d say let’s cut out their subsidies
What subsidies?
O.K.
Given the comments on the other side of the aisle, I was led to believe (actually slammed for not accepting the premise of) that there were certain tax-based incentives/giveaways that were being given to the oil companies to offset the losses they were incurring from the times when oil was in the $8-10 a barrel range.
I believe that if that is the case, then we should cut out the give-aways, and replace them with reductions in taxes. Frankly, that will cut the legs out from under our liberal lying adversaries.
If you are correct and they’re not giving any subsidies, then great. Let McCain propose that any subsidies that can be shown to benefit the Oil companies be cut. That would slice the legs out from Obambi and his allies.
Anything we can do to show the Liberals are Liars.