Big Oil Takes the Money and Lays US Workers Off

[Schneibster]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

[Seth]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

Did you bother to find out how many employees they hired, or were hired by associated business and contractors? No, of course not.

The price of gas is not set by US oil producers, it's mostly set by OPEC and the free market for oil, which isn't under our control.

I imagine many of those laid off were the direct result of Obama's shutdown of deep-water drilling in the Gulf of Mexico, so you can't really blame it on the oil companies. Shut down dozens of off-shore drilling rigs and people are going to get laid off.

So, Obama's actually to blame for the layoffs, and for the high price of gas, regardless of what the bogus statistics from Democrat fuckwads claim.

[Gawdzilla Sama]

[Schneibster]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

Did you bother to find out how many employees they hired,

It's net employees. Stop lying.

[Seth]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

Did you bother to find out how many employees they hired,

It's net employees. Stop lying.

When you shut down drilling in the Gulf of Mexico, people get laid off.

When new technologies reduce the need for human beings, people get laid off.

When your operations are overseas, you hire locals.

Government "subsidies," which includes tax breaks are not conditioned on the company hiring more people. They are provided for many reasons, including keeping the cost of oil down and keeping domestic production viable. There is no requirement in the law that anyone who receives a government subsidy has to perpetually employ more people as a condition of the grant or tax break.

This is just bullshit posturing from the eco-weenies and Democrats who are pandering for votes. If anyone is responsible for layoffs in the oil and gas industry it's Obama and the Democrats...and Cass Sunstein, who have been shutting down drilling, slowboating permitting, closing off oil and gas resources by setting lands aside as "wilderness" or pseudo-wilderness and all manner of regulatory interference that gives the industry every excuse they need to cut jobs.

Open up the Gulf to deep-water drilling and fast-track permitting to someone other than Petrobras and the industry will start hiring again. Ease environmental regulations so that new refineries can be built and they will hire those 11,000 and more right back.

This is nothing more than propaganda, and like all propaganda, it's one-sided bullshit that only the mentally deficient believe.

So, if the shoe fits, wear it.

[Schneibster]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

Did you bother to find out how many employees they hired,

It's net employees. Stop lying.

When you shut down drilling in the Gulf of Mexico, people get laid off.

When you contaminate the entire fucking Gulf of Mexico and instead of cleaning the oil up try to hide it with chemicals even more poisonous than the oil would have been by itself, people who fish lose their boats.

[Seth]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

Did you bother to find out how many employees they hired,

It's net employees. Stop lying.

When you shut down drilling in the Gulf of Mexico, people get laid off.

When you contaminate the entire fucking Gulf of Mexico and instead of cleaning the oil up try to hide it with chemicals even more poisonous than the oil would have been by itself, people who fish lose their boats.

You can blame FEMA and the EPA for that, if that's what you believe, since THEY approved the use of chemical dispersants. And it's pretty typically ignorant to complain about the mitigation efforts while ignoring the fantastically worse consequences of not doing so. Oh, and it wasn't anything like "the entire fucking Gulf of Mexico," liar.

Oh, and ONE oil well leaked, but ALL deep-water drilling was shut down despite an excellent safety record for all the other drill rigs...except of course for deep water drilling by Petrobras, one of George Soros' major holdings, funded by Obama to the tune of 2 billion dollars for drilling in waters twice as deep as the Gulf off of Venezuela.

So, evidently you don't give a flying fuck about Venezuela's people or environment, but you're satisfied to bitch and moan about something you clearly don't understand that happened in the Gulf.

And then there's all the drilling on-shore that's being shut down, blocked, impeded and regulated into insolvency...

[Schneibster]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

When you shut down drilling in the Gulf of Mexico, people get laid off.

When you contaminate the entire fucking Gulf of Mexico and instead of cleaning the oil up try to hide it with chemicals even more poisonous than the oil would have been by itself, people who fish lose their boats.

You can blame FEMA and the EPA for that, if that's what you believe,

I blame BP/Exxon for it, just like I blame them for the Exxon Valdez. They're the shoddiest oil company afloat, leaking at every seam and spewing their stinking offal everywhere they go. At least the rest of 'em can manage to keep their dicks in their pants most of the time.

[Gawdzilla Sama]

I blame BP/Exxon for it, just like I blame them for the Exxon Valdez. They're the shoddiest oil company afloat, leaking at every seam and spewing their stinking offal everywhere they go. At least the rest of 'em can manage to keep their dicks in their pants most of the time.

Bad Schneibster. The gubbernment is always the villain, don't you know that?

[Seth]

The Democratic staff of the House Natural Resources Committee has compiled a report showing that the five biggest oil companies have taken in over 500 billion dollars- not total income, profits only- while simultaneously laying off 11,000 US workers, from 2005 to 2010. Nearly a tenth of that money was tax breaks that these companies got, while they were laying off US workers. The tax breaks were to keep gas prices down, but lo and behold, they haven't. Isn't that a surprise.

These companies don't care about the US, and never did. They do not deserve tax breaks; they are not creating jobs. They are currently slated to receive tax breaks for some S46 billion over the next ten years, and a further $56 billion in royalty-free drilling privileges during the same timeframe; but they've gotten these same drilling privileges and it hasn't done shit to keep the price of gas down. We should restrict them from receiving any tax break at all until those 11,000 employees are hired back. We should charge them drilling royalties every month the gas price is above, say, $2.

http://democrats.naturalresources.house ... kSlips.pdf

When you shut down drilling in the Gulf of Mexico, people get laid off.

When you contaminate the entire fucking Gulf of Mexico and instead of cleaning the oil up try to hide it with chemicals even more poisonous than the oil would have been by itself, people who fish lose their boats.

You can blame FEMA and the EPA for that, if that's what you believe,

I blame BP/Exxon for it, just like I blame them for the Exxon Valdez. They're the shoddiest oil company afloat, leaking at every seam and spewing their stinking offal everywhere they go. At least the rest of 'em can manage to keep their dicks in their pants most of the time.

Well, they're paying through the nose now. A fifty percent drop in stock value plus having to pay for the damages is a sufficient deterrent I think. If that doesn't do it, next time just seize and dismantle the companies that are found to be criminally negligent in such situations. But you don't put a stop to ALL oil drilling because of ONE accident, particularly not when you're simultaneously giving two billion dollars to Petrobras so that they can do deeper-water drilling offshore in South America while shutting down US drilling in the gulf. That's hypocrisy of the highest order and more, it's corruption and disloyalty, if not treason, on a monumental scale.