I did. And then I was reminded that you expect an honest assessment from American tinkerer.Yes.
Lower rates on capital expenditures for drilling.
Subsidies for extracting oil from marginal sources (such as shale)
Rapid depreciation
Percentage depletion allowances
etc....
Look at post #20....then weep.
Tell me, how much does Apple collect from the subsidy for shale extraction?
How much does Google get from special depreciation rules for drilling equipment and exploration activities?
How much depletion credit does IBM collect?
Are YOU really going down this road? You do the homework for Google and Apple subsidies, I did it for the oil.
Keep in mind that the BIG OIL is a wealth of money for our government through feds taxes on every gallon sold. How much does Google and Apple pay through their sales?