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TheAnvil

$9 a barrell resource conservation fee

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...on oil from the Gulf, eh? Weren't some people decrying high gas prices a few months ago?

Clicky

:S



Sounds good to me. Make them pay the royalties that they're supposed to pay for drilling on Fed land, charge 'em the conservation fee too. Makes sense. People are already used to paying over $2/gal, higher prices are beginning to move the alternative energy development wheels into high gear, and thanks to global warming there's a significantly less demand for heating oil:P
What's crazy has been this notion that we should exempt them from paying royalties while simultaneously giving them $billions/yr in taxpayer funded subsidies.

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...on oil from the Gulf, eh? Weren't some people decrying high gas prices a few months ago?

Clicky

:S



The price of gas is way below its "true" value. I'd rather correct the price this way than give the money to OPEC or Exxon.
...

The only sure way to survive a canopy collision is not to have one.

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This situation is fucked up five ways from Sunday.

First off, the leases should have included terms that set royalties at a base rate plus a percentage of market wholesale price. Big fuck up. This is what needs to be remedied.

Secondly, the federal subsidies oil companies recieve should be tied to market conditions. When crude was under $11.00 and drilling was economically unfeasible, they made sense. For the oil companies to have recieved them for the past few years is obscene. Subsidies should be contingent based, not fixed.

Lastly, this "conservation fee" is a bunch of non-sense. It's a tax, plain and simple. Can you guess who will end up paying for that tax?

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>When crude was under $11.00 and drilling was
>economically unfeasible, they made sense.

Why? If they stop drilling, the price of oil climbs dramatically (supply and demand) and drilling becomes feasible again. A few oil companies might go out of business, but so what? Airlines go out of business all the time; people still fly.

>Lastly, this "conservation fee" is a bunch of non-sense. It's a tax,
>plain and simple. Can you guess who will end up paying for that tax?

Oil companies, their investors and customers. Much better than a mandatory tax that is redistributed to the oil companies as a subsidy. You can choose to use less gas, but you cannot choose to not pay taxes.

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The price of gas is way below its "true" value.



According to who?



Well, your post is "in reply to" kallend.B|

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What is its true value?



The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.
...

The only sure way to survive a canopy collision is not to have one.

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What is its true value?



The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Cost is same as value. ;)



And the current price is less than its value:P
...

The only sure way to survive a canopy collision is not to have one.

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What is its true value?



The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Cost is same as value. ;)



And the current price is less than its value:P



OOPS! :$

My point was Cost is NOT the same as value.

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The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Is oil the only product for which you think a tax should be imposed in order to deal with the resultant issues related to its use?
People are sick and tired of being told that ordinary and decent people are fed up in this country with being sick and tired. I’m certainly not, and I’m sick and tired of being told that I am

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The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Is oil the only product for which you think a tax should be imposed in order to deal with the resultant issues related to its use?



No. But right now it's the biggie, because used as fuel it cannot be recycled and creates pollution problems on a massive scale. The pricing structure does not reflect these issues.

There are a number of minerals, for example, whose price does not truly reflect their importance, availability and replaceability. Stuff that many have never heard of, like tantalum, and hafnium, as well as things like chromium and cobalt.

The issue of sustainability will become more and more important as China and India develop.
...

The only sure way to survive a canopy collision is not to have one.

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The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Is oil the only product for which you think a tax should be imposed in order to deal with the resultant issues related to its use?



No. But right now it's the biggie, because used as fuel it cannot be recycled and creates pollution problems on a massive scale. The pricing structure does not reflect these issues.

There are a number of minerals, for example, whose price does not truly reflect their importance, availability and replaceability. Stuff that many have never heard of, like tantalum, and hafnium, as well as things like chromium and cobalt.

The issue of sustainability will become more and more important as China and India develop.



Styrofoam cannot be recycled and creates pollution problems, junk food has societal cost burdens, owners of small airplanes with funny names impose societal cost burdens...

Perhaps an alternative tax reform scheme would be to eliminate the income tax and instead impose taxes on all products depending on an evaluation of their societal cost burden. One could argue that this is already done with some products like cigarettes and alcohol.
People are sick and tired of being told that ordinary and decent people are fed up in this country with being sick and tired. I’m certainly not, and I’m sick and tired of being told that I am

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The cost of getting out of the ground and to the consumer, plus the cost of dealing with all the sustainability and environmental issues related to its use.



Is oil the only product for which you think a tax should be imposed in order to deal with the resultant issues related to its use?



No. But right now it's the biggie, because used as fuel it cannot be recycled and creates pollution problems on a massive scale. The pricing structure does not reflect these issues.

There are a number of minerals, for example, whose price does not truly reflect their importance, availability and replaceability. Stuff that many have never heard of, like tantalum, and hafnium, as well as things like chromium and cobalt.

The issue of sustainability will become more and more important as China and India develop.



Styrofoam cannot be recycled and creates pollution problems, junk food has societal cost burdens, owners of small airplanes with funny names impose societal cost burdens...

Perhaps an alternative tax reform scheme would be to eliminate the income tax and instead impose taxes on all products depending on an evaluation of their societal cost burden. One could argue that this is already done with some products like cigarettes and alcohol.



Right, with credits for recycling. The amount you pay depends on the extent to which you are a burden on the planet.

Start with the big ones and work down. I don't think it needs to be done product by product, too cumbersome - just the raw materials (like the cadmium or lead in batteries, chemical feed stocks...).
BTW I've seen chopped up recycled styrofoam used for insulation. Styrofoam seems to be going out of favor as a packaging material in favor of polyethylene bags of air.
...

The only sure way to survive a canopy collision is not to have one.

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Not one remark about leftists decrying the high gas prices and blaming the Bush administration a scant few months ago. Tsk tsk tsk.

Discussing 'record profits' for oil companies without including data on their profit margins, consumption trends of their product, etc really isn't much of a discussion - a serious one at any rate.

I don't support the $9 'conservation fee' - that's nothing but a tax and anyone with a three digit IQ knows it. The leases granted were flawed, but encroaching upon the sacntity of a contract is just absurd to me from a legal standpoint. What if your landlord came to you and said this: "I screwed up signing the lease. I meant to increase the rent by $500/month and include a 5.5%/annum increase in the rent if you choose to extend. Renegotiate now or I'll evict you?"

:S
Vinny the Anvil
Post Traumatic Didn't Make The Lakers Syndrome is REAL
JACKASS POWER!!!!!!

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Not one remark about leftists decrying the high gas prices and blaming the Bush administration a scant few months ago. Tsk tsk tsk.

Discussing 'record profits' for oil companies without including data on their profit margins, consumption trends of their product, etc really isn't much of a discussion - a serious one at any rate.

I don't support the $9 'conservation fee' - that's nothing but a tax and anyone with a three digit IQ knows it. The leases granted were flawed, but encroaching upon the sacntity of a contract is just absurd to me from a legal standpoint. What if your landlord came to you and said this: "I screwed up signing the lease. I meant to increase the rent by $500/month and include a 5.5%/annum increase in the rent if you choose to extend. Renegotiate now or I'll evict you?"

You tell em Vinster,
I couldnt have said it better myself. It is a fraud and you are correct anyone even without a 3 digit IQ should read right through this bullshit!!!!!

:S



"when I die, I want to go like my grandfather while im sleeping, not like the passengers riding in the car with me
Swoopster
A.S.S. #6 Future T.S.S holder

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>I don't support the $9 'conservation fee' - that's nothing but a
>tax and anyone with a three digit IQ knows it.

Yep. It's a tax. If you don't like that tax, how about this:

The oil companies currently get about 2 billion dollars in tax breaks a year. Get rid of those privledges and we'll stop talking about the conservation tax.

>What if your landlord came to you and said this: "I screwed up
>signing the lease. I meant to increase the rent by $500/month and
>include a 5.5%/annum increase in the rent if you choose to extend.
>Renegotiate now or I'll evict you?"

Happened to me three times. I finally had enough and moved.

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>The oil companies currently get about 2 billion dollars in tax breaks a year. Get rid of those privledges and we'll stop talking about the conservation tax.



Deal - it's a stupid idea to add the tax and then turn around and give them incentives.

It only results in the government handling the transaction and taking their "cut". It's not efficient.

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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SOLD! - to the man with the funny username!



since my username is a combo of part of my first name and my last name I will now say

"Pot, POT, you are a pot calling a kettle black"

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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I think each of the tax breaks should be re-examined on their individual merits. Some may no longer be needed - others might be. Cookie cutters are for kitchens.

:)
Vinny the Anvil
Post Traumatic Didn't Make The Lakers Syndrome is REAL
JACKASS POWER!!!!!!

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