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From: wle...@aol.com
To: r...@searchsummit.com
Sent: 5/10/2011 12:46:48 P.M. Eastern Daylight Time
Subj: Re: Tell Congress to NOT End Oil Subsidies( depleation allowances)
Tat would raise taxes on us all by costing more to extract oil for us all.
1 & 2 no corporation ever finally really pays a tax its always passed
on to the consumer. #3 by raising taxes to any company all our prices go up.
4 increase the supply by drilling prices fall supply & demand curves.
Invert in companies making profits & the have & enjoy the dividends etc.
The oil depletion is an allowance as is deprecation on any hard non liquid
asset thus justified, I understand.
The real culprit is OPEC sue them as an illegal cartel etc, That would
help us all in promoting free enterprise & competition in the area of pricing,
I understand.
Respectfully to all here, Bill Leed
In a message dated 5/10/2011 12:29:02 P.M. Eastern Daylight Time,
r...@searchsummit.com writes:
Hi,
Instead of making it harder for oil companies like Shell to drill in the
icy waters of the Arctic Ocean, the House of Representatives just voted to
make it easier. And to make matters worse, Shell already gets millions in
subsidies every year from the U.S. government.
This is the last industry that needs our financial assistance. Our
government needs to stop supporting an industry that causes massive
environmental
disasters every year and instead support the clean renewable sources that
are our future.
Please join me in sending a comment to congress to stop subsidies to big
oil companies. Just click the link below….
_http://us.greenpeace.org/site/Advocacy?cmd=display&page=UserAction&id=845&s
_src=taf_
(http://us.greenpeace.org/site/Advocacy?cmd=display&page=UserAction&id=845&s_src=taf)
