We wouldn't need to worry so much about finding extra oil if we did a better job of conservation
You do not grow your nation by conservation. Green energy I'm all for it but we also need to explore for more oil. We will be on oil for another decade or two at least. should we be dependent on outside forces during those 20 years. Look what that has done to this bull market already. We have alot of tools for energy we should use ALL sources.
Sales tax is great as long as they get rid of the income,SS, and medicare taxes like the Fair tax proposes.
As far as taxing oil companies we should be giving them more tax breaks IF they explore, drill and bring more oil onto the market. It will be a better stimulus that $600.00 from the sky.
I personally don't like any of the canidates on the whole. each has some good points but the parts do not make up for the whole
I never said "no drilling". I said we wouldn't need to worry "so much" about it. If conservation/green energy/better efficiencies were actually applied to a greater extent we would need very little (relatively) extra fuel to grow the nation because we would only be using 60% of what we currently do. The problem is that "most people" are too into "me, me, me" to be better at conservation. Those are the people that would use up a lift rafts 2wk food/water supply during the first 2 days. Unfortunately, in regard to energy use, we're in that life raft with them.
Big oil can consider those "unpaid" royalties as pre-payment incentives. Not that they need any when they generate "Billions in profits" (not just earnings, "profits").
As an aside: We're all screwed anyway because a large percentage of the people voting don't even know who the candidates are that they're voting for!... Jay Leno had a "jaywalking" segment where he showed pictures of the candidates to a dozen people. They had practically no idea who any of them were. One lady even guessed that Hillary was Kennedy's wife and she looked like an every day 30'something you'd see on any given day! It's truly pathetic...
Well since the dems have controlled the education system in america thru the teachers union for decades I think we can figure out where to place the blame for the destruction of our country....just saying...the 9/11 truthers should tip you off to the insane stupid people we have in this country.
This was the worry of the founding fathers about the problems with democracy. That is why we have a republic. That is why only landholders(those that paid taxes) could vote at first.
that being said if you look at the voter turnout in the primaries what people don't tell you is that only 50% of the eligible population is resistered to vote. Of that 50% only 50% bother to come out in the general election and of that 50% only about 25% bother to vote in a primary. Thus you can have the leaders of our nation being decided by less than 10% of the population esp when there are three canidates like in the GOP primary.
I like Austrailia's take on this. They fine people who don't vote. thus they have above 90% of their population voting. Seems like their economy is going gangbusters they just increased rates again to control inflation because its great times down under.
Not that they need any when they generate "Billions in profits" (not just earnings, "profits").
Never thought profits were "bad". Ot/ did you see the Fed government wants to add to the SPR since oil is going down? Makes you wonder why they want to keep prices high? who is getting paid?
I think the government instead of seizing XOM profits should instead break up the monoploies in the oil sector. If you break XOM into 5 different companies you will not have those billions in profits, price fixing will not be an issue and since XOM is not drilling for more oil anyway it will not impact exploration. Taking profits is a sure way to lose an industry look at chavez. No break up XOM COP chevron etc and return the free market in the oil industry.