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 Message Boards » » Another Oil Well Has Exploded in the Gulf Page 1 [2], Prev  
TKE-Teg
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ITT we find out that TerdFerguson is now on the same level of sanity as mambagrl.

9/3/2010 1:36:31 PM

smc
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This thread has exceeded my expectations.

9/3/2010 9:13:32 PM

TerdFerguson
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Sorry for the delay in posting, I was out of town





^^Why? because I don't think fossil fuel companies should get preferential treatment?

I've already showed that:

Their effective corporate tax rate is almost half that of the average American corporation

The government take from federally owned leases is one of the lowest among our first world peers



and I believe a majority of the gas tax is paid by consumers, not fossil fuel companies.






Quote :
"If anything, I am thoroughly convinced that all our military activities have the effect of driving up oil prices. Iraq today would be exporting far more oil had we lifted the sanctions, instead we invaded the country and wrecked it. Maybe you mean it as a subsidy to oil companies in the sense of driving up the price paid for oil?
"


If you can't admit that the primary goal of the Iraq war was to secure oil resources for our country, create a "stabilizing influence" in the region (ie. puppet government), and provide no-bid contracts to companies like Haliburton et al., then you are delusional. The Iraq war was/is a subsidy to oil companies.

http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?pagewanted=1&_r=1&ref=total-sa

9/10/2010 5:57:41 PM

LoneSnark
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Quote :
"Their effective corporate tax rate is almost half that of the average American corporation"

You showed no such thing. Especially when the discussion is between fossil fuel companies and alternative energy companies, where the comparison is absurd: alternative energy companies are often able to sell their tax breaks to other companies, in effect having a negative tax rate.

Quote :
"The government take from federally owned leases is one of the lowest among our first world peers"

And the federal government mandates by law that customers buy ethanol and wind generated electricity, whatever the price.

Quote :
"and I believe a majority of the gas tax is paid by consumers, not fossil fuel companies."

Again, the discussion was fossil fuels versus alternative energy. "The Volumetric Ethanol Excise Tax Credit, also known as VEETC is a credit of $.45 for every gallon of pure ethanol blended into gasoline"
Although, you are right in one sense, all taxes are paid by customers, even taxes that are not paid to the government. Ethanol mandates cost customers large sums.

9/10/2010 6:30:14 PM

TKE-Teg
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I fucking hate ethanol. Damn the gov't for mandating it's use in gasoline.

9/10/2010 11:20:51 PM

TerdFerguson
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Everyone knows that alternatives are subsidized, the argument is whether or not fossil fuel companies also get free gifts. I think we need more alternatives now not later. Ending fossil fuel subsidies could speed up the process.

But I'll also admit that I don't agree with all of the government's energy policies like the ethanol subsidies you mentioned.

9/11/2010 10:57:02 AM

TKE-Teg
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^i hate it for that reason but also b/c it makes every fuel of gasoline i put into my car less efficient. Ethanol doesn't hold as much energy per volume as pure gasoline. As a result gas mileage suffers.

[Edited on September 11, 2010 at 3:16 PM. Reason : a]

9/11/2010 3:16:39 PM

LoneSnark
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^^ You have completely back-pedaled away from your original position. My work is done here.

9/11/2010 4:20:43 PM

TKE-Teg
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^^gallon of fuel

(correction)

9/11/2010 6:34:54 PM

TKE-Teg
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43410 Posts
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^^gallon of fuel

(correction)

9/11/2010 6:47:47 PM

TKE-Teg
All American
43410 Posts
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^^gallon of fuel

(correction)

9/11/2010 6:59:20 PM

 Message Boards » The Soap Box » Another Oil Well Has Exploded in the Gulf Page 1 [2], Prev  
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