Oil companies are drilling on federal land for free.  Can someone explain this rationale?
605537
It's because they donate millions to congressional campaigns. Congress doesn't give a shit about the American people, if they can do something to help their donors without it costing them their seat, they will.\n\nAs far as Republicans are concerned, anyghing that exposes the Government for screwing over the American people is Democratic propoganda, especially since the Republicans are the most corrupt.
490943
Do we want to be self sufficient in oil or close to it?\nI do! The area of the drilling in Alaska is not going to hurt the earth nearly as much as I cars do. The oil pipes have proved that more animals are near them not less.\nProbably the heat from them. No animal has become extinct from the drilling. If we are concerned about the effect of oil drilling, we will bring out the horses. I love to ride horses but not in rain & they are a little slow for me. Crack up the drills.
1101556
Because they are greedy. Instead of preserving the planet, they want to build or drill for oil. They think there is more money in that than in tourism. No all caring is not wrong. They just want you to think it's wrong. They are the ones who are wrong. Why destroy where you live? This is the only planet we have, we should be preserving it not destroying it.
614455
Federal subsidies to private industry like the oil companies are not only socialist, they come very close to what Mussolini called Fascism. This completely circumvents the idea of risk and supply/demand, and it also degrades the federal government from the position of honest broker over the economy because it is showing favoritism to one competitor over another.
959908
You are asking a broad question and the terms you have used are general, and not meaningful from a tax standpoint. However, to answer your question, here are a few samples:\n\nThe oil industry gets to take a deduction for "oil depletion allowance." This reduces their taxes and is given as an incentive to oil exploration companies to encourage them to take the risks of looking for oil deposits.\n\nHomeowners with a mortgage can deduct the interest that they pay. This is a tax break to encourage home ownership.\n\nCompanies that locate new operations or expand existing operations in areas designated as "enterprise zones" or similar titles get breaks on property taxes and get extra credits for hiring people from designated areas.
192391
Will kid, it will be along time coming,President Richard M Nixon had quite allot of wells caped in the 70's Saving them as reserves for the faucher. And there are several undrilled wells to be drilled.We don't need Aarika oil,It just makes money for the Bush family,and there crone's. When the time Com's we can use synthetics,Alcohol burns rill good.NASCAR has bin using it for years.And NANSA has bin using hydrogen for year's as well.
725332
Big oil=big corruption.\n\nThey need to be investigated and charged.
288801
Because oil company's wont let us, they make to much money from oil use, they can buy off politician's to keep it  that way
612335
ok truckman, not all democrats are the (evil) liberals that you seem to imply they are. I think its wrong for oil companies to pay a man a going out the door bonus of 400 + million, and make billions in profits in a year, when there are millions of americans having to literally choose between food, medicine or gasoline. I think its wrong for the oil companies to still insist on zone pricing when they are making billions in profits.
642189
Well, our liberal politicians apparently want us dependant on foreign oil.\n\nWe have not been able to build or increase a refinery in the U.S. in 30 years, thanks to liberal legislation.  We lost a refinery recently in New Orleans.  That means we have less refining capabilities than we did 30 years ago.  Do you think we have less demad for oil?  Of course, the liberal socialists will try to tell you that supply vs. demand has no effect on the price of gas, and the liberal sheeple will believe anything they are told by them.\n\nWe also have  tons of oil that we could be drilling in our country, and on our shores.  China is drilling off the coast of Florida (or should I say Cuba), but we are not allowed to, because the liberals want you to believe the earth will look like the exxon valdez spill.  Of course its ok to drill elsewhere, apparently the earth isn't important in other countries.\n\nFact is, there are environmentally safe ways to drill for oil these days.  But the libs don't want anything good to happen to this country unless one of their socialist representatives are in office.  It's no wonder why they have so little support.\n\n----------------------\n\nThere is no doubt that we need other, cleaner sources for oil.  However, that will take a long time, and we need power sources now.  Take advantage of our resources now, while we are working on other methods.
1087457
Gosh your mouth is so small. I will entitle you to my land deeds\n\nNow the facts about politics:\nIslamic countries have oil. Big transnational companies need oil so they bribe some western governments to produce lame excuses and terrorize the western public so that they can steal away oil, just like in Iraq.
699976
There is no U.S. interest, the interest is for the oil companies, who are stealing oil from Iraq, with the protection of U.S. army. \nAnd the interest of USA politicians who are shareholders of oil companies. With no benefits for the USA people, people are paying more and more taxes every year.
286256
As some rapper once said (sorry, not a rap fan), and it applies to everything the government has done forever...\n\n"If it don't make dollars then it don't make sense."\n\nThe article should clear up exactly how oil is involved in our situation...to say we are going to war to get the oil is putting it too simply, that's not the end reason.  The reason we need the oil is to cover for our weak dollar and our manufacturing going over-seas.
899162
What? Are you going to do with this information? Seriously go find a hobby - other than swimming into underground lakes. You're going to end up in a petroleum reserve and find yourself under an oil rigs drill bit!
679297
Not necessarily.  Oil that spills on the ground or into the water and is *never* recovered is a waste, but there's still plenty of energy inherent to the oil to make it worthwhile -- if the price is right.\n\nThe fact that the oil gushes out of the ground is because the drilling process has punctured a "bubble" (for lack of a better term) of petroleum that is under high pressure underground.  The puncture releases that pressure and forces the oil to the surface.  Now the trick is to control that flow without wasting any.\n\nOnce we control the flow of oil, it is then processed to make the petroleum products we have come to rely on so heavily -- motor oils, gasoline, aircraft fuels, kerosene, diesel, etc.\n\nA few years back, I was on the island of Aruba.  We visited one of the largest petroleum refineries in the world there -- produced something like 70% of the aviation fuel used by the Allies during the Second World War.  All the waste products they didn't need were dumped in a giant slag heap on one end of the island.\n\nForty years later, when oil prices had risen significantly, it became economically feasible to recycle that petroleum slag heap to produce more useful fuels from it.  So it didn't go to waste, it just wasn't the time.
1076894
They screwed us into paying taxes when there are 3 examples at work right that prove taxes are NOT needed we could be PAID instead. www.earthrights/docs/oilrent  that's oilrent on the end.  Alaska uses just 1 commodity to pay not tax their residents.  I know it' oil. Every other state has more commodities and in larger quanities, oil IS just a commodity.  Like all the farm products, ores, minerals ect. the list is huge.  So what your states excuse for not paying you. Why with all the feds resources( 2 other nations pay there citizens) can't they do 50 times better than Alaska?  So they tax us for no good reason, they run up the debt, waste money everywhere, give our money to foreigners that hate us, wage wars and we have to pay to the rebuild counrty afterwards, and vote themselves raises for this?  If you owned a company that worked like this, would'nt you fire ALL the management and hire a whole new management staff? So why don't we vote out ALL the DEMS and REPS and never vote DEM or REP again.  Then vote for anyone else thats not a DEM or REP?  Think they might get the hint?
1002698
The thing is the oil compagnies don't want to lose money so they brainwash people into thinking the alternative isn't any good.\nMeanwhile the others are  powerless.\n(The Oil compagnies are more powerful than the latter)