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Chatting and General Stuff
Politics Of Hunting & Guns (NOT General Politics)
biden admin is banning ammunition and firearms of Russian origin
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<blockquote data-quote="JimFromTN" data-source="post: 2466979" data-attributes="member: 113268"><p>So you are saying that it was not pumping 800,000 barrels of oil a day because it is not complete so even if it had not been stopped, it would have no effect on oil prices today. As for the railroad and trucking, you are saying those tens of thousands of jobs are not as important as the 1000 jobs the pipeline would have created. </p><p></p><p>As for subsidies, if they are making $170 billion in profits, why are we giving them $20 billion in subsidies? Is $150 billion in annual profits just way too unacceptable and hardly worth waking up in the morning for? What is the point of a subsidy? They are saying that renewable energy subsidies are no longer needed. Even the industry itself is saying the subsidies are not needed because renewables are doing so well they are not needed anymore because they can stand on their own. If that is the reason for subsidies, why have we been giving oil subsidies for the last 50 years?</p><p></p><p>"Oil and gas companies do not want to drill more," said Pavel Molchanov, an analyst at Raymond James. "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill baby drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."</p></blockquote><p></p>
[QUOTE="JimFromTN, post: 2466979, member: 113268"] So you are saying that it was not pumping 800,000 barrels of oil a day because it is not complete so even if it had not been stopped, it would have no effect on oil prices today. As for the railroad and trucking, you are saying those tens of thousands of jobs are not as important as the 1000 jobs the pipeline would have created. As for subsidies, if they are making $170 billion in profits, why are we giving them $20 billion in subsidies? Is $150 billion in annual profits just way too unacceptable and hardly worth waking up in the morning for? What is the point of a subsidy? They are saying that renewable energy subsidies are no longer needed. Even the industry itself is saying the subsidies are not needed because renewables are doing so well they are not needed anymore because they can stand on their own. If that is the reason for subsidies, why have we been giving oil subsidies for the last 50 years? "Oil and gas companies do not want to drill more," said Pavel Molchanov, an analyst at Raymond James. "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill baby drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed." [/QUOTE]
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Chatting and General Stuff
Politics Of Hunting & Guns (NOT General Politics)
biden admin is banning ammunition and firearms of Russian origin
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