Monday, July 26, 2010

Shouldn't Exxon & Conoco Just Shut Down US Production Since Hillary/Obama Want to Levy Huge Taxes on Oil?

Doesn't it make less sense to produce if a Dem is going to nail you with high taxes? Why bother producing at all?





After all, wouldn't that accomplish what Dems want --- no US production and buying all of our oil from OPEC, Russia, Venezuela, Norway, and Mexico?Shouldn't Exxon %26amp; Conoco Just Shut Down US Production Since Hillary/Obama Want to Levy Huge Taxes on Oil?
Now now, first Hillary said that she was going to take the oil profits and then Obama jumped on the wagon and stole her idea and HE said he was going to take the oil profits. This is one of the reasons we have such high gas prices. The oil companies are trying to make as much as they can before Obama STEALS their profits. That with the normal summer gas increase has put the gas price through the roof.





Anyone can deny this but I live close to an oil refinery and I've learned quite a bit from the people that work there.Shouldn't Exxon %26amp; Conoco Just Shut Down US Production Since Hillary/Obama Want to Levy Huge Taxes on Oil?
After you said that, gas prices just went up 5 cents.
Perfect, the reason behind levying taxes on oil companies is to prevent the coming energy crisis. Plus, we get to spend that money on nice things like education and the military.
I hate to agree since we need gas but from a business standpoint...yes
No, to th contrary,if they DO NOT produce oil then will they be slapped with a huge fine and/or tax!
If you were making a $1, and now you are going to make $.50, would you be better off making nothing?





Of course not.

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