the oil and gas industry has sucked the gvt teet for nearly 75 to hundred years.....Gee -- I was told by hippy-dippy greenies 20 years ago, that the BEST part of Green Alternative Energy was that it would kill Big Energy and make the energy business more competitive.
How come all they're doing is sucking off the govt and making GE into a weak and flabby welfare case???
they did not begin on their own, they had tons and tons and tons of gvt help....with infrastructure, with the gvt building the roads for the gas guzzlers, giving tax breaks, and tax credits, oil leases at no charge, putting in pipelines etc etc etc etc......
Oil leases cost money. They are not free. Costs more in regulations, permitting, and compliance. I don't buy that building roads is a break for the oil companies.. It's reality. If you insist, count those road subsidies against your GREEN cars as well.
The most successful pipeline in recent history, the Alaskan pipeline was ENTIRELY privately owned and constructed. With the exception of Congress VOLUNTEERING (during the 70's oil crisis) to donate right of way. MORE than returned tax revenue to the state and country.
So what else you got? Ethanol subsidies? Hydrogen Highways? Right now we're discussing how the Green Revolution has been hijacked by the same misuse of government. Not the big oil interests that is the problem here. Should be clear after 4 yrs of GREEN jobs, and GREEN energy scandals.. The problem is GOVT meddling in markets where they SHOULDN'T be picking winners and losers for products that ALREADY EXIST.
In the case of GE -- they BLATANTLY accepted EVERYTHING the govt was giving away willingly to Green causes. $150 tax rebate for every washer/dryer combo they sold. All because they were CERTIFIED green by a govt agency that granted an Energy Star label to a "gasoline powered alarm clock".. Fraud and abuse of power. Comes from govt. Doesn't matter WHO'S industry is doing the sucking does it?