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To: Neoliberalnot

“” Cite an industry not supported by government. “”

Not much love for the oil and gas industry, hell we’ve been demonized. We’re the ones who brought down the high gas prices in-spite of government interference and now we suffer from doing too good of a job. Millions of people have been hurt, 39 oil producing states are seeing less severance tax revenue which means everybody will soon see a tax increase to offset the lose. People invested in 401’s are taking a big hit. I wonder if people would rather walk to the grocery store or drive? Maybe those of us in the oil and gas business in the US just need to take a one month vacation. Shut the wells in, turn the lights off and watch oil go over 200 dollars a barrel within a month. There’s about 300 thousand stripper wells across the US that are borderline getting shut in as we speak, many have already been shut in.


205 posted on 01/21/2016 5:30:22 AM PST by Dusty Road (")
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To: Dusty Road

Oil has had monstrous subsidies, allowed cheap leases on PUBLIC land, and so goes the list. My point is, there isn’t an industry or business out there that hasn’t received government support. Have you been paying attention to how modern agriculture is constantly demonized. Have you heard of GMOs?


243 posted on 01/21/2016 9:54:06 AM PST by Neoliberalnot (Marxism works well only with the uneducated and the unarmed.)
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