more USA $ spent on wars to protect BP and other oil companies

blu

Senior Member
Sep 21, 2009
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seriously how much money do we have to spend and how many citizens do we have to lose to protect BP, Shell, and Exxon? Notice that civilians are being killed by their government in a number of other middle eastern countries at the moment (none with oil reserves) and only Libya (with huge oil reserves and billions invested by previously mentioned oil companies) gets our support...

The least these companies could do is pay us to use our military as their private security force
 
Besides Exxon, defense contractors like Raytheon are a 'buy'. They not only produce Tomahawks, but they are also in the forefront of developing cyber security technology.
 
seriously how much money do we have to spend and how many citizens do we have to lose to protect BP, Shell, and Exxon? Notice that civilians are being killed by their government in a number of other middle eastern countries at the moment (none with oil reserves) and only Libya (with huge oil reserves and billions invested by previously mentioned oil companies) gets our support...

The least these companies could do is pay us to use our military as their private security force

They give the USA has the cheapest gas prices. That is how we are paid back.
 
I love how oil companies are on the "honor system" to report massive leaks. That's smart...

The confusion surrounding this latest Gulf spill points up a fatal flaw of America's oil pollution reporting system, which operates via a virtual honor code. Under present reporting protocols, polluters are tasked with the responsibility of turning themselves in when they're responsible for an accident -- knowing all the while that a federal inspector will probably never be dispatched to investigate.

Derp de derp. More flat out retarded American policy regarding corporations. Good god. We are one stupid nation. And for policy like this, we deserve everything we get.

Source of latest Gulf oil spill determined - Yahoo! News
 
Granny says Obama needs to tell `em if dey gonna get sassy an' not show a little gratitude an' lower gas prices - he gonna send the Navy Seals after a few o' their CEO's...
:clap2:
Big Oil to Obama: Hands off our tax breaks
May 3, 2011 -- The oil industry launched another assault Tuesday in the battle to protect favorable tax rates for energy producers.
The industry's chief lobbyist in Washington, Jack Gerard, president and chief executive of the American Petroleum Institute, said raising taxes on the oil and gas companies would stifle job growth and do nothing to lower gasoline prices. He said the recent push to eliminate industry tax breaks is "a red herring" designed to distract attention from the "ineffective energy policies" of the Obama administration.

President Obama and Democrats in Congress are pushing to end $4 billion in subsides, saying that oil companies are profitable enough to bear the burden, while the government is in serious need of additional revenue. The tussle over tax breaks comes as rising gas prices have pinched consumers across America, while companies such as Exxon, Chevron and BP have reaped billions in profits from a spike in global oil prices. "It's not right that Montanans are paying anywhere from $3.50 to $4 a gallon for gas at the pump while big oil companies are raking in near record profits," Max Baucus, Democratic chairman of the Senate Finance committee, said last week. Baucus has proposed repealing tax breaks for the biggest oil and gas companies.

But Gerard said cutting oil and gas subsides would cause companies to move high-paying jobs overseas. "Why would we encourage American companies to go elsewhere in the world to produce energy," he asked rhetorically. "You'd think, at some point, we'd want to become a little more American in our approach." Gerard said policy changes could help the industry create a million more U.S. jobs and provide "trillions" in additional revenue for the government. He called on Congress to open access to untapped U.S. oil sources, boost imports from Canada and allow for full development of oil and gas from shale deposits

Doc Hastings, the Washington Republican who is chairman of the House Natural Resources committee, blamed the Obama administration last week for high gas prices, saying the energy policies of the last two years have blocked access to domestic energy sources. Hastings said his committee has approved three pieces of legislation that would reverse the president's energy policies. Lawmakers in the House are expected to review the proposals in the weeks ahead.

Source
 
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seriously how much money do we have to spend and how many citizens do we have to lose to protect BP, Shell, and Exxon? Notice that civilians are being killed by their government in a number of other middle eastern countries at the moment (none with oil reserves) and only Libya (with huge oil reserves and billions invested by previously mentioned oil companies) gets our support...

The least these companies could do is pay us to use our military as their private security force

What are you talking about exactly?
 
seriously how much money do we have to spend and how many citizens do we have to lose to protect BP, Shell, and Exxon? Notice that civilians are being killed by their government in a number of other middle eastern countries at the moment (none with oil reserves) and only Libya (with huge oil reserves and billions invested by previously mentioned oil companies) gets our support...

The least these companies could do is pay us to use our military as their private security force

They give the USA has the cheapest gas prices. That is how we are paid back.
Paid back with our own tax dollars? Or more accurately on our credit card?
 
Granny says Obama needs to tell `em if dey gonna get sassy an' not show a little gratitude an' lower gas prices - he gonna send the Navy Seals after a few o' their CEO's...
:clap2:
Big Oil to Obama: Hands off our tax breaks
May 3, 2011 -- The oil industry launched another assault Tuesday in the battle to protect favorable tax rates for energy producers.
The industry's chief lobbyist in Washington, Jack Gerard, president and chief executive of the American Petroleum Institute, said raising taxes on the oil and gas companies would stifle job growth and do nothing to lower gasoline prices. He said the recent push to eliminate industry tax breaks is "a red herring" designed to distract attention from the "ineffective energy policies" of the Obama administration.

President Obama and Democrats in Congress are pushing to end $4 billion in subsides, saying that oil companies are profitable enough to bear the burden, while the government is in serious need of additional revenue. The tussle over tax breaks comes as rising gas prices have pinched consumers across America, while companies such as Exxon, Chevron and BP have reaped billions in profits from a spike in global oil prices. "It's not right that Montanans are paying anywhere from $3.50 to $4 a gallon for gas at the pump while big oil companies are raking in near record profits," Max Baucus, Democratic chairman of the Senate Finance committee, said last week. Baucus has proposed repealing tax breaks for the biggest oil and gas companies.

But Gerard said cutting oil and gas subsides would cause companies to move high-paying jobs overseas. "Why would we encourage American companies to go elsewhere in the world to produce energy," he asked rhetorically. "You'd think, at some point, we'd want to become a little more American in our approach." Gerard said policy changes could help the industry create a million more U.S. jobs and provide "trillions" in additional revenue for the government. He called on Congress to open access to untapped U.S. oil sources, boost imports from Canada and allow for full development of oil and gas from shale deposits

Doc Hastings, the Washington Republican who is chairman of the House Natural Resources committee, blamed the Obama administration last week for high gas prices, saying the energy policies of the last two years have blocked access to domestic energy sources. Hastings said his committee has approved three pieces of legislation that would reverse the president's energy policies. Lawmakers in the House are expected to review the proposals in the weeks ahead.

Source

Gerard is correct, and you are not.

And the figure is more like $90 billion.

http://energycitizens.org/EC/Commun...on-in-new-energy-taxes-will-hurt-america.aspx
 

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