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One guy wants a Government Bailout of Oil Companies

Posted on 1/14/16 at 2:07 pm
Posted by The First Cut
Member since Apr 2012
14817 posts
Posted on 1/14/16 at 2:07 pm
Oil haters that keep denying that flagging oil prices have no effect on them can't keep their heads in the sand much longer.

quote:

"If Washington can bail out big banks and the auto industry, why not a bailout for oil companies? That's the new buzz, and we suspect this will become a huge issue as the U.S. energy industry faces massive layoffs and potential bankruptcies [...]


quote:

We're now at the point where the extremely low price of energy is becoming a clear negative for the economy and Wall Street — so who will begin talking about solutions? Chances of some type of Washington assistance will soon rise to 50% or better."


LINK

Edited by admin for misleading thread title.
This post was edited on 1/14/16 at 2:50 pm
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 1/14/16 at 2:07 pm to
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21087 posts
Posted on 1/14/16 at 2:08 pm to
but but but Dodd-Frank said "no more bailouts"
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
114938 posts
Posted on 1/14/16 at 2:10 pm to
quote:

If Washington can bail out big banks and the auto industry, why not a bailout for oil companies?


frick this shite.
Posted by FloridaMike
Member since Dec 2012
1524 posts
Posted on 1/14/16 at 2:10 pm to
Too Baw to Fail
This post was edited on 1/14/16 at 2:11 pm
Posted by Pax Regis
Alabama
Member since Sep 2007
15391 posts
Posted on 1/14/16 at 2:10 pm to
Oh hell no.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 1/14/16 at 2:11 pm to
quote:

Too Baw to Fail

Posted by fr33manator
Baton Rouge
Member since Oct 2010
135035 posts
Posted on 1/14/16 at 2:11 pm to
I'm sure they know how to grease some palms.
Posted by Spirit of Dunson
Member since Mar 2007
23112 posts
Posted on 1/14/16 at 2:11 pm to
Haha no
Posted by Commandeaux
Zachary
Member since Jul 2009
7881 posts
Posted on 1/14/16 at 2:12 pm to
Does anyone remember all the record profits exxon used to pull in. They shouldn't be too far behind apple with cash on hand.
Posted by Walking the Earth
Member since Feb 2013
17464 posts
Posted on 1/14/16 at 2:12 pm to
Bailouts and guaranteed incomes for everybody!
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/14/16 at 2:14 pm to

I guess small gov and less welfare are only good when the right doesn't need a hassle at their constituent doorstep
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
114938 posts
Posted on 1/14/16 at 2:14 pm to
If you like your F-250 you can keep your F-250.
Posted by Rhino5
Atlanta
Member since Nov 2014
30970 posts
Posted on 1/14/16 at 2:14 pm to
It's funny because USA is driving down oil prices by fracking, yet the government bails these companies out (who would likely go bankrupt), using tax payer dollars. Capitalism my arse.
This post was edited on 1/14/16 at 2:38 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
184596 posts
Posted on 1/14/16 at 2:15 pm to
Great. This will do nothing to help the laid off oilfield hands though. It will go into executive and investor pockets just like the bank bailouts.

At least execs will still be able to get their bonuses and take vacations.
Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 1/14/16 at 2:15 pm to
I thought only the blacks and libtards took gubment money?
Posted by Engineer
Member since Dec 2015
279 posts
Posted on 1/14/16 at 2:16 pm to
quote:


Government Bailout of Oil Companies Becoming More Likely



You should edit your title. One guy suggested it as a possibilty, it's far from "likely"
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135035 posts
Posted on 1/14/16 at 2:17 pm to
Posted by rbWarEagle
Member since Nov 2009
49999 posts
Posted on 1/14/16 at 2:17 pm to
MOAR FAKE CAPATILISM*
This post was edited on 1/14/16 at 2:18 pm
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64691 posts
Posted on 1/14/16 at 2:17 pm to
Oh great, lets basically bailout the oil executives, but act like its bailing out all of these laid-off workers.
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