I know we(USA) needs to give tax breaks to "big oil" cos. for the use of R&D. I mean, check the record that is what Russia has done to up production and it has worked. We will never come to the point where we will not need oil. We may not use it for gasoline as other forms of fuel become available, but petroleum distilates are used in production of just about everything. So to become oil independent we need to lift the ban and drill anywhere there is oil, onshore or offshore. We have foreign countries drilling off our(USA) coasts now, so why shouldn't we help ourselves by reaping in the off shore "black gold"??I could go on and on but McCain has it right give tax breaks to the oil companies for R&D and start drilling. Politics make the tax break sound like it is giving money to the already rich CEO's,CFO's, etc. of these companies. When in reality it will help us(USA) become more energy independent quicker.
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I know we(USA) needs to give tax breaks to "big oil" cos. for the use of R&D. I mean, check the record that is what Russia has done to up production and it has worked. We will never come to the point where we will not need oil. We may not use it for gasoline as other forms of fuel become available, but petroleum distilates are used in production of just about everything. So to become oil independent we need to lift the ban and drill anywhere there is oil, onshore or offshore. We have foreign countries drilling off our(USA) coasts now, so why shouldn't we help ourselves by reaping in the off shore "black gold"??I could go on and on but McCain has it right give tax breaks to the oil companies for R&D and start drilling. Politics make the tax break sound like it is giving money to the already rich CEO's,CFO's, etc. of these companies. When in reality it will help us(USA) become more energy independent quicker.
Oct 22 08:57 am
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