SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (248243)8/31/2005 10:18:43 AM
From: TimF  Respond to of 1572508
 
Oil companies are motivated to explore for oil and nat. gas when prices are high. Oil at $70 and nat. gas at $11 is more than enough incentive.

I agree, which along with my general feelings against subsidies is why I said "Which I oppose" about such subsidies.

The oil bill subsidy is a worse giveaway then that given to farmers. I am surprised you are not shouting about this scam as you do with the farm subsidies.

I don't think shouting accurately describes my response to the farm subsidies (even if I am strongly and obviously against them esp. at the high levels they have been at for years). You see more argument from me against such subsidies because some people have argued for them. If people started to argue that all the subsidies to the oil companies where a great idea, I'd put more effort in to arguing against them, but I haven't seen a post from anyone here claiming they were a great idea.

Tim