Posted on 04/29/2011 12:02:34 PM PDT by NormsRevenge
Someone looked up recently and Exxon’s Return on Investment is about 35% of Apple’s.
I say we seize all the money.
We can keep it a my house.
I have been reading that Obama wants to cut the 4 billion from the Oil companies and give it to the Windmill and solar panel guys.
I don’t call that cutting, I call that pissing away 4 billion dollars.
If we are gpoing to cut any subsidy , lets start with the ethanol subsidy.
“When you make $10 Billion in profits in 12 weeks, why do you need subsidies? This is a rip off.”
The subsidies were meant to encourage the oil companies to take risks in drilling.
But...since we no longer permit drilling, I agree, they’re not needed. Maybe President DeMint can restart those subsidies, once he gets us drilling.
Ya know.....when you can make $10 Billion in 12 weeks, what more incentive do you need? It may have started as an incentive but now it’s just a give away.
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