tag:blogger.com,1999:blog-196554259323465442.post111211135402710896..comments2023-10-27T03:41:13.171-07:00Comments on Warning Signs: Cap-and-Switch: Hello Sucker!Alan Carubahttp://www.blogger.com/profile/10901162110385985193noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-196554259323465442.post-2355225210227296252009-10-04T13:46:16.488-07:002009-10-04T13:46:16.488-07:00There is nothing in the Constitution to support th...There is nothing in the Constitution to support the globalist fantasies that environmentalists clambor for.<br /><br />As for the oil companies, it is in the nation's interest to encourage exploration through subsidies because the cost is so high and the percentage of dry wells is too. <br /><br />Jimmy Carter basically forced American oil companies to look in foreign countries for oil because it became too prohibitive to do so here. The situation has not changed much since then.Alan Carubahttps://www.blogger.com/profile/10901162110385985193noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-53919142728839917402009-10-04T12:56:04.141-07:002009-10-04T12:56:04.141-07:00Hi Alan, I think that as usual, your post is spot...Hi Alan, I think that as usual, your post is spot on. I have only one minor disagreement which I will get to in a moment, but first I need your help.<br /><br /> I am poring feverishly through my pocket copy of the Constitution of the United States of America, and nowhere can I find where the Senate is authorized to do any of the following:<br /><br />- create clean energy jobs <br />- achieve energy independence<br />- reduce global warming pollution - transition to a clean energy economy.<br /><br />Perhaps you or one of your many other readers can pinpoint it for me. <br /><br />Now, my one minor disagreement. I believe that subsidies should be discontinued for US oil companies. First of all, a subsidy is a distortion of the market that is almost guaranteed to have unintended consequences. Second, it is ridiculous to encourage exploration and at the same time put so many areas off-limits. <br /><br />Oil is a fully mature industry, with fully mature companies operating in it. None are infant start-ups needing protection from foreign competitors in a new field of endeavor, which in my opinion, is the only possible justification for a temporary subsidy. The incentive for oil companies to explore is called profit.<br /><br />If cutting subsidies causes gas prices to rise, then so be it. Taxpayers shouldn't have to help me pay to fill my gas tank. <br /><br />RonRon H.https://www.blogger.com/profile/17778875977813470690noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-65490948181298892642009-10-01T07:35:07.216-07:002009-10-01T07:35:07.216-07:00I also find it interesting that our government, in...I also find it interesting that our government, in their infinite wisdom, has approved about $10 billion in loan guarantees to Brazil so they can begin drilling for oil off their coast and in the Gulf of Mexico.Buzzghttps://www.blogger.com/profile/03897676479222811119noreply@blogger.com