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Citizens for Tax Justice responds to frankly a poorly researched Big Government hit piece here: http://ctj.org/taxjusticedigest/archive/2010/07/blogger_behind_sherrodgate_tar.php
I think its also important to distinguish as they do between the foreign tax credit and the billions in other tax credits. As someone who leans more libertarian, I am not sure why we need to pumping billions in our tax dollars to oil companies.
I've been skimming over this book called The Energy Non-Crisis by Lindsey Williams. It's thesis is that there is as much oil in Alaska as there is in Saudi Arabia. Since the central planners forbid exploration as well as drilling up there, seems like there might be something to that. It's free and online if you want to check it out.
They can't have their Utopian global society with us gas-guzzling Americans and our high standard of living. They're seeking to cut off the power and pump at every juncture.
[...] Classic Liberal has some good stuff. First, a link post with some Rule 5. Then, he has some more Rule 5. Then, he has some information on more failures from the left as it pertains to big oil. [...]
[...] opportunity to shut down all American drilling in the Gulf while they lend money and seek to give tax breaks to foreigners to do the same thing. When a federal judge declared the Obama ban on drilling in [...]
[...] opportunity to shut down all American drilling in the Gulf while they lend money and seek to give tax breaks to foreigners to do the same thing. When a federal judge declared the Obama ban on drilling in [...]