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If we taxpayers subsidize big oil with our tax money

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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 08:43 AM
Original message
If we taxpayers subsidize big oil with our tax money
Edited on Thu Apr-03-08 08:45 AM by rateyes
then, dammit, we deserve to share in the profits. It's time the oil companies started giving something back to the shareholders who are the taxpayers. I'll settle for $1.25 a gallon in gasoline.
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 08:52 AM
Response to Original message
1. We also subsidize it with our military
I think that has been the military's main purpose since 1980. I heard one oundit say about 5 years ago that if we had to pay for all the oil subsidies directly in a gallon of gas it would be about $11 per gallon.
We would be so much better off if we just paid for the oil through normal business dealings rather than trying to steal it. Stealing oil has become very expensive.
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 08:55 AM
Response to Reply #1
2. Isn't that the truth!! Problem is, we, not the oil companies
pay the damned bill in treasure and blood.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 09:01 AM
Response to Original message
3. The biggest revenge against big oil is to go solar.
Edited on Thu Apr-03-08 09:02 AM by dkf
Being dependent on oil is very very bad for the future of our country as it gets scarcer and we have to pay everyone else to get oil.

It is a huge outflow of our $ to a lot of countries that hate our guts. Not good at all.

And unfortunately, cheaper gas inspires people to buy Hummers and other inefficient gas guzzlers, while higher gas prices inspire people to buy Priuses and to use more efficient public transportation.

I believe in peak oil theory and the only way I see American citizens using less gas is to make it expensive.

If you have any ideas, I sure would like to hear it.
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 09:08 AM
Response to Reply #3
4. You do have a point.
So, instead of cheaper gasoline, how about a rebate paid by the oil companies to us taxpayers for every damned dollar they've ever gotten from us, plus the interest earned on it?
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 10:18 AM
Response to Reply #4
5. I'd say 50% tax credit on solar panels paid by windfall tax.
Edited on Thu Apr-03-08 10:21 AM by dkf
I've been thinking about this a lot. I think if every person generated their own electricity, that would mean true energy independence. And then we go with plug in cars.

I do realize that solar technology isn't where we need it to be, but that is where we need to invest in R&D. Forget innovation by private industry. We need everyone working to save our country, and indeed the world, from oil dependence.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-03-08 11:28 AM
Response to Reply #5
6. The technology is fine, it's the prices that need to come down...
and a 50% tax credit or rebate would be a huge help, as would 5% financing over 20 years, and we, the consumers, could use the money we USED to pay to the electric utilities to pay back the loans and still have some cash left over.
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