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#121 |
Pro Bowl
Join Date: Jan 2008
Location: Parkton, MD
Posts: 5,535
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Re: Sequestration - good, bad, or indifferent?
We subsidize oil by leasing the land dirt cheap between $2-$10 per an acre. Pay for roads and infrastructure to drilling sites and provide free geological information via the USGS. In places where American companies are drilling in foreign countries we pay for security military or private. The estimate is if we quite using tax payer dollars for oil production the cost would be about $10/gallon. Obviously we are not an economy that could sustain prices that high so we need to have some oil subsidies to maintain the economy.
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#122 | |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 60
Posts: 15,817
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Re: Sequestration - good, bad, or indifferent?
Quote:
Well if its tax payers money paying for all of that would it not be part of the economy. Another words whats the difference in paying higher taxes v/s paying higher gas prices? I would also guess the US leases it land cheaper because of the cost to drill in the US and the fact we are not an oil rich nation. |
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#123 |
Pro Bowl
Join Date: Jan 2008
Location: Parkton, MD
Posts: 5,535
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Re: Sequestration - good, bad, or indifferent?
For your first question I would guess it is to provide gasoline, petrochemicals and plastics affordable to everyone. The law for leasing mining and drilling rights on public land dates back to the 1890s and was never adjusted until the 1990s. I too would guess that it is to keep oil competitive. In 2006 it costs $2 to produce a barrel of oil in Saudi Arabia and it cost between $30 and $45 in Canada/Alaska. Regardless with prices at $90 per a barrel someone is making a huge profit, but not subsidizing it would make it less profitable and costs American jobs.
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#124 |
Living Legend
Join Date: Aug 2008
Age: 57
Posts: 21,202
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Re: Sequestration - good, bad, or indifferent?
ABC7News @ABC7News
The Department of Housing and Urban Development will furlough all 9,000 employees for 7 days between May, August. Sequestration 2013: HUD to furlough all 9,000 employees for seven days | WJLA.com Retweeted by Yahoo! News I hate it for the individual employees, but if you are in favor of reducing govt (which I am), these stories will be more prevalent. |
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#125 |
Living Legend
Join Date: Aug 2008
Age: 57
Posts: 21,202
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Re: Sequestration - good, bad, or indifferent?
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#126 | |
Playmaker
Join Date: Feb 2004
Posts: 3,807
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Re: Sequestration - good, bad, or indifferent?
Quote:
__________________
"It's not about what you've done, but what's been done for you." |
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#127 |
Living Legend
Join Date: Aug 2008
Age: 57
Posts: 21,202
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Re: Sequestration - good, bad, or indifferent?
as a taxpayer, I am positive the loss of 14 days pays will be very rough on you. But I absolutely appreciate your attitude. And, personally, I want to say Thank You for your understanding!
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#128 |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 60
Posts: 15,817
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Re: Sequestration - good, bad, or indifferent?
Personally I think your paying the price because ours leaders are too lazy to find the waste and other cuts that would actually help. Those cuts don't draw the attention like cutting employees hours and pay.
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#129 |
Puppy Kicker
Join Date: Feb 2004
Location: Arlington, Virginia
Age: 41
Posts: 8,341
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Re: Sequestration - good, bad, or indifferent?
FD, the sequestration was meant to be the poison pill. Trying to cut a flat 15% is a bad idea, everyone agrees with that. Just because you see X cuts on news, there are also other more subtle cuts that aren't sensational enough to make the news.
This thread, by itself, has proven why this is difficult. To over simplify, the right wants more cuts primarily to social programs. The left wants additional taxes and cutting more military type spending. Lets cut both, raise taxes, and get our budget right.
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Best. Player. Available. |
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#130 | |
Playmaker
Join Date: May 2012
Posts: 3,754
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Re: Sequestration - good, bad, or indifferent?
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#131 | |
Gamebreaker
Join Date: Apr 2006
Posts: 13,650
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Re: Sequestration - good, bad, or indifferent?
Quote:
Not Lazy ...scared is more like it,they don't want to make the hard choices and maybe even have to agree to another parties cuts and then face the voters back at home.
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....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread. |
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#132 | |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 60
Posts: 15,817
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Re: Sequestration - good, bad, or indifferent?
Quote:
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#133 |
Playmaker
Join Date: May 2012
Posts: 3,754
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Re: Sequestration - good, bad, or indifferent?
Just goes to show if there's even a real cut to the increase of government spending, the White House and Congress will both squeal and cry like stereotypical screaming toddlers in a public place.
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#134 |
Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 60
Posts: 15,817
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Re: Sequestration - good, bad, or indifferent?
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#135 |
Living Legend
Join Date: Aug 2008
Age: 57
Posts: 21,202
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Re: Sequestration - good, bad, or indifferent?
for those saying there is complaining about the air show cuts,
why don't we just cut this program instead? Ships Costing U.S. $37 Billion Lack Firepower, Navy Told - Yahoo! Finance |
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