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re: I would’ve loved to be in Joe’s War Room tonight when he said......

Posted on 10/22/20 at 11:04 pm to
Posted by DivotBreath
On the course
Member since Oct 2007
3514 posts
Posted on 10/22/20 at 11:04 pm to
Already walking it back . . . Biden camp has clarified that Biden meant “no more oil subsidies.”
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1247 posts
Posted on 10/23/20 at 12:25 am to
What subsidy is the oil and gas industry getting on the federal level? On the upstream side you have constant permitting fees and royalty taxes as well as huge environmental expenses, directly cash related or delayed production because some shitass bird made a nest in your pumping unit.

I’d imagine most of the tax breaks are at the local level besides normal corporate tax laws.
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