[AT] gasoline

Guy Fay fayguyma at execpc.com
Thu Dec 30 21:59:41 PST 2010


As is most of the Ethanol subsidy, i.e. exemption from road taxes. And the
whole idea that a tax exemption isn't a subsidy is a fantasy. Good grief.

-----Original Message-----
From: at-bounces at lists.antique-tractor.com
[mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Dave Rotigel
Sent: Thursday, December 30, 2010 11:30 PM
To: Antique tractor email discussion group
Subject: Re: [AT] gasoline

Hi Guy, The things to which you refer are simply a decrease in TAXES paid by
the oil companies, they ARE NOT a "subsidy." 
	Dave
PS, Care to try again?
PPS, Will my 1915 Willies Overland run on WELFARE PAYMENTS?
PPPS, Did Henry Ford really put corn in the "corn tank" of his Model T?

On Dec 31, 2010, at 12:12 AM, Guy Fay wrote:

> The "Deep Water Royalty Relief Act," enacted in 1995 under the Clinton
> administration, granted the federal government a "holiday" from royalty
> payments on leases sold from 1996 to 2000.
> 
> The "Energy Policy Act of 2005," enacted during the Bush administration,
> mandated the elimination of royalty payments on oil from deep wells when
> prices fall below a certain level, providing a direct incentive for
> deepwater drilling.
> 
> Ask and ye shall receive. 
> 
> -----Original Message-----
> From: at-bounces at lists.antique-tractor.com
> [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Dave Rotigel
> Sent: Thursday, December 30, 2010 11:01 PM
> To: Antique tractor email discussion group
> Subject: Re: [AT] gasoline
> 
> Hi Jim, Now there is an interesting juxtaposition of two unrelated topics
if
> I ever heard one!
> 	Dave
> PS, Please point out to me an "oil subsidy." 
> 
> On Dec 30, 2010, at 8:12 PM, Jim & Lyn Evans wrote:
> 
>> OK. Lets get rid of the oil subsidies also and call off the two wars
>> overseas and let's see where the price of gasoline ends up.
>> 
>> 
>> -----Original Message-----
>> From: at-bounces at lists.antique-tractor.com
>> [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Ron Cook
>> Sent: Thursday, December 30, 2010 6:40 PM
>> To: Antique tractor email discussion group
>> Subject: Re: [AT] gasoline
>> 
>> Subsidies exist for the government to override free market.  Subsidies 
>> push whatever the government wants to push whatever way it wants to push 
>> it.  No subsidies on anything and let the free market work is the way to 
>> solve the problems.
>> 
>> Ron Cook
>> Salix, IA
>> 
>> On 12/30/2010 6:23 PM, Phil Vorwerk wrote:
>>> Oh, I agree, subsidies are needed to help develop new technologies that
>> have
>>> a payback that is so far out on the horizon that no sane person or
>> business
>>> would invest in the research.  I like to see a free market given as much
>>> freedom as possible, but I also know that sometimes intervention is
>>> necessary.  I also realize that the profitability of ethanol swings
> wildly
>>> with the relative cost of crude oil.  (I'm a businessman, but my
> education
>>> is in economics.)  There are a lot of alternative energy sources that
> will
>>> become viable as the cost of crude oil inevitably rises over the course
> of
>>> time.  But after 30 years isn't it time to take off the training wheels?
>> If
>>> the technology has been developed already that it is now efficient and
>>> profitable to produce corn based ethanol why is there any subsidy at
all?
>>> 
>>> I wonder how the grass based ethanol research is progressing.  It
sounded
>>> like it had a great deal of promise a few years ago - from what I heard
> it
>>> was supposed to be more efficient to convert to ethanol than corn, and
> not
>>> as demanding on our land resources.  In fairness, the current ethanol
>>> subsidies could be helping push this research along also.
>>> 
>>> Phil
>>> 
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