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Does CannonPointeR laugh when the retarded conjobs get DESTROYED by FACTS and LOGIC???!
21 Jan 2026 9:31 pm
On a scale of 1 to10, what level of hypocrisy is a republican engaging in when he refers to "tax breaks" (not taking money) is a "subsidy"?Fuelman » 21 Jan 2026, 9:47 am » wrote: ↑I don't have the numbers, you don't have the numbers, so let's argue over the numbers we don't have.
A quick AI search brings up these direct subsidies:
Direct subsidies to Big Oil in the U.S. primarily involve significant tax breaks (like for enhanced oil recovery, marginal wells, and faster depreciation) and favorable access to public lands via low royalty rates, alongside federal financing/loan guarantees, and R&D funding for extraction technologies, totaling tens of billions annually, though figures vary by source and definition, with reports from Oil Change International citing around $34.8 billion yearly, notes Oil Change International, Oil Change International.
I'm not seeing 8 bucks a gallon.Fuelman » 21 Jan 2026, 9:47 am » wrote: ↑ Here's a breakdown of common direct subsidies:
Tax ProvisionsEnhanced Oil Recovery (EOR) Credit: A 15% tax credit for costs associated with EOR projects, though often phased out at higher prices, notes Cato Institute.
Marginal Well Credit: A per-unit credit for low-production wells, also subject to price-based phase-outs, notes Cato Institute.
Accelerated Depreciation: Allowing faster write-offs for certain infrastructure, like natural gas distribution lines, notes NRDC.
Federal Land & Resource AccessRoyalty Relief on Federal Lands: Reductions or waivers of royalties companies pay for drilling on public lands, notes FracTracker Alliance.
Below-Market Leasing: Offering leases for oil and gas exploration on public lands at rates lower than market value, notes Oil Change International.
Financial & R&D SupportLow-Interest Loans & Guarantees: Providing favorable financing or government-backed guarantees for fossil fuel projects, notes FracTracker Alliance.
Research & Development Funding: Direct federal funding for technologies to improve fossil fuel extraction, notes FracTracker Alliance.
Other
SupportCarbon Capture & Sequestration (CCS) Credits: Tax credits (like the 45Q credit) for capturing and storing CO2, which often benefits oil and gas operations, notes Cato Institute.
Key Reports & FiguresOil Change International (2025): Estimates $34.8 billion annually, including new additions by Congress.
FracTracker Alliance (2025): Highlights royalty relief, loans, R&D, and below-market leases as key direct supports.
Brookings Institution: Notes direct subsidies for oil and gas, with EESI reporting $20 billion/year, 80% to oil/gas, notes EESI https://www.eesi.org/papers/view/fact-sheet-fossil
And as I said, I don't believe for a minute that the brits are subsidizing gas.
When you complain, ur friends roll their eyes and ur enemies rejoice
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?