Nationalize American BIG-OIL!!!

Nationalize the oil industry?/

What a moronic idea. Whats next. Nationallize all stores, shops, newpapers and everything else in the country??

Hugo Chavez would be proud.
 
NO. Private companies, let the market control.
Uhhhhhhhhhhh......that's what's going-on, presently.....and, Teabaggers are in....

.....FULL-BLOWN
WHINING
-MODE!!!!!


gop-cry-baby.jpg

Isn't it true. They whine to have the market regulate itself and when it does and then one of their own, the beloved oil companies shit on them, they cry like babies.
Hell......they just can't quit.....


dick_armey_libertysummit-cropped-proto-custom_2.jpg
 
If The President's gonna be (continually) busted for not doing more about prices-at-the-pump....while still being accused o' being a socialist....he might-as-WELL socialize all Big Oil interests, in the U.S., and SET prices-at-the-pump!!!!

Hell......who's he gonna piss-off; the high-roller$/1%er$/Teabaggin'-lackies?? Fuck them. They're a minority, anyhow.​

So would the current federal taxes be dropped as it would seem kind of stupid to collect a tax if you already are collecting the money?
Federal taxes are a flat 18.4 cents per gallon of regular gasoline and with the USA
using in 2010, the United States consumed about 137.76 billion gallons (or 3.28 billion barrels1) of gasoline that's $253 million a year in federal taxes alone.

As-long-as you're gettin' $2/gallon, do you really believe anyone's gonna care about taxes, paid?

Not likely.​
 
Since there are only two American oil companies, the best nationalizing the oil industry could do is to make sure governent vehicles have gas, but no one else.

There are thousands of oil companies in the U.S.
Only two are major integrated international operators.
The rest are Independents. These are the companies that drill 95% of all oil and gas wells in this country.
This whole thread is ridiculous.
 
So would the current federal taxes be dropped as it would seem kind of stupid to collect a tax if you already are collecting the money?
Federal taxes are a flat 18.4 cents per gallon of regular gasoline and with the USA
using in 2010, the United States consumed about 137.76 billion gallons (or 3.28 billion barrels1) of gasoline that's $253 million a year in federal taxes alone.

You put the decimal point in the wrong place. It's $25.3 billion in federal taxes.
 
Nationalize the oil industry?

Okay, the reality is that the oil industry makes a profit. You want to make it go under? Give it to the feds to run.

And by the way, reading your posts give me a headache... if they contained any logic, it would be different.

So, big oil makes a profit from using public natural resources...

And we shouldn't nationalize it, why exactly?

Sure would solve the debt problem.
 
So, big oil makes a profit from using public natural resources...

And we shouldn't nationalize it, why exactly?

Sure would solve the debt problem.

they pay for the leases, numskull. How many times do you think they should pay?

According to your logic, if I sell you a house, I'm entitled to repossess the house.

Like all leftists, you're a moron.
 
Excellent idea.

All oil on federal lands should be drilled and refined by government run operations, at cost, and the products used, as needed, by the military first, civilian government second, at cost,

and any excess put in reserve.
 
Excellent idea.

All oil on federal lands should be drilled and refined by government run operations, at cost, and the products used, as needed, by the military first, civilian government second, at cost,

and any excess put in reserve.

Gas would cost $50/gal if the government ran the oil companies.

Anyone who thinks it's a good idea for government to take over any private business is a certified moron.

Government isn't competent to tie its own shoes, let alone run a major industry.
 
Nationalization of the oil industry, or any industry, for that fact, is unconstitutional.

It is?

Where does it say in the constitution that government can't control an interstate industry that delivers essential materials to the populace?

In fact, as early as the 1819 supreme court case McCulloch v. Maryland, the court ruled against Maryland, and Chief Justice John Marshall, wrote the opinion, which stated that while the Constitution did not explicitly give permission to create a federal bank, it had the implied power to do so under the Necessary and Proper Clause.
 
they pay for the leases, numskull. How many times do you think they should pay?

According to your logic, if I sell you a house, I'm entitled to repossess the house.

Like all leftists, you're a moron.

And how does that contradict my point?

I didn't say they weren't paying enough, I just pointed out that they are making massive profits from using public resources, and maybe it would bring us more revenue to just do it directly without the middle-man.
 
Nationalization of the oil industry, or any industry, for that fact, is unconstitutional.

It is?

Where does it say in the constitution that government can't control an interstate industry that delivers essential materials to the populace?

In fact, as early as the 1819 supreme court case McCulloch v. Maryland, the court ruled against Maryland, and Chief Justice John Marshall, wrote the opinion, which stated that while the Constitution did not explicitly give permission to create a federal bank, it had the implied power to do so under the Necessary and Proper Clause.

Expropriation of private property without just compensation is a violation of the 5th Amendment, dipshit.

Have you ever read the Constitution?

Don't bother answering. The question was purely rhetorical.
 
they pay for the leases, numskull. How many times do you think they should pay?

According to your logic, if I sell you a house, I'm entitled to repossess the house.

Like all leftists, you're a moron.

And how does that contradict my point?

I didn't say they weren't paying enough, I just pointed out that they are making massive profits from using public resources, and maybe it would bring us more revenue to just do it directly without the middle-man.

The government would lose money hand over fist if it tried to recover the oil itself.

Can you name one government operation that was ever run more cheaply than a private sector equivalent?
 

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