hermanbrut

Can Big Oil Balance Shareholder Interest Against National Interest?

I agree with oilman, (the first suggestion in this set of comments)
US should tax imported oil because it would
-encourage US oil companies to drill on the many leases they already have here.
-raise money for tax credits in investment in alternative energy.
And vilcam's data on the profitable and oil-rich companies sponsored by governments shoots holes in the "logic" of the idiots spouting the free market rush limboisms. I can't believe they they think expensive oil is good and the US would benefit by a depression. They must not have any grandchildren.