oil company welfare?

Posted by admin on February 27th, 2010 and filed under oil and gas production | 4 Comments »

http://news.yahoo.com/s/nm/20080221/pl_nm/energy_congress_legislation_dc;_ylt=AqRbUgIBEVPn4iTqjOqt1msPLBIF
your opinions please.
My own is that the present system is not improving and not moving fast enough w/ regards to alternative energy research (the $18 billion might be better spent on alternative energy tax break for everyone)….my own personal opinion is that any money given to oil companies is not guaranteed to be invested in oil/gas production or alternative power and is simply a political reward

You are correct.

4 Responses

  1. Hillary Lite BOO HOO HOO Says:

    You are correct.
    References :

  2. Martha Z Says:

    ever hear of GREED? they got it bad.
    References :

  3. Pirate Cap'n Yoda Says:

    I agree with your opinion.

    I think that with more advance in biofuels only, America’s farmers will once again have some money, will be important again.
    References :

  4. cajunbiggeorge Says:

    If you would read the article this is money that it being taken away from the oil companies to provide research in alternative energy production. These are tax breaks that are being canceled to fund this research.

    Are you aware of the status of the biodiesel products?

    Are you aware that there are test vehicles on the road today being run by fuel cells?
    References :

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.