Please don't tell me you just used the "it works in Canada so it will work here" line. I apologize but I am going to have to use the Bobo tone here.
What planet do you friggin liberals live on that you just don't realize that that the "it works in Canada" line gets 0 traction here and when are you going to get your heads out of your collective asses. There will be no 25% royalty payments but if there were this is how it plays out.
The sweetest contracts will be given to the companies with the most lobby muscle and those
companies who get the contracts of course will promise to work them in good faith. However, with a little market manipulation on their part the price of oil mysteriously drops $20 to $30 dollars a barrel. Not enough to keep the American people from being pissed off at the pump but just enough for those drilling companies to say "it is not in our financial interest to drill now because of the recent drop in oil prices and the 25% "Tax".
The Republicans suggest a lift on the %25 royalty for the "good of the people" and start yelling once again about how the Democrats are blocking economic growth and energy independence by creating this hardship on the "evil energy" companies who just want to make a profit the "good ole American way" but The Democrats insisting on keeping this %25 "re distribution of wealth" is blocking progress and job creation for hard working American citizens.
The Democrats of course counter with the oil companies will still be making money and Canada does %40 and the caribou and..... And take a look at where their interests lie also.
In the end the %25 royalty disappears. Republicans get some political miles out of it to make up for their constant fuck ups elsewhere, oil companies still don't drill unless they have cited a mother load but by that time Americans attention will be on the next dog and pony show.
Does any of this sound familiar?Have you ever seen any of this before? And please don't give me this "we will implement a use it or loose it" line.
That is the way the world works Rich.
by
z1p101 on
08/05/2008 03:33:18 AM EST
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