tag:blogger.com,1999:blog-10276952.post4996752197268458526..comments2023-12-29T21:34:44.579-05:00Comments on Political Yen/Yang: Windfall Taxes On The Oil Companies' Profits: The Real StoryLA Sunsethttp://www.blogger.com/profile/00445498119590721449noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10276952.post-52434750622132851382008-05-07T08:17:00.000-04:002008-05-07T08:17:00.000-04:00While the numbers raked in by big oil look obscene...While the numbers raked in by big oil look obscene, what no one wants to tell us is, the profit margins are low. The government gets a higher percentage of the price of gas than do the oil companies. Not a good investment strategy for the long term.<BR/><BR/>Add this bonehead windfall tax in and we can expect even less investment in this industry, which means even less new energy source LA Sunsethttps://www.blogger.com/profile/00445498119590721449noreply@blogger.comtag:blogger.com,1999:blog-10276952.post-9570552686878517082008-05-06T08:36:00.000-04:002008-05-06T08:36:00.000-04:00The whole idea of a "windfall" tax is ludicrous! ...The whole idea of a "windfall" tax is ludicrous! It reminds me of the commencement speeches you talked about yesterday. It's as if the company didn't "deserve" at least part of the profit - it simply fell into its lap. Maybe we should institute a windfall tax on BHO, since the nomination just fell into his lap. We could remove some of his pledged delegates and give them to Hillary. <BR/><BR/Anonymousnoreply@blogger.com