Ok marcnNJ..I will try to make this as clear as possible, not calling your ideas "dumb" as you have called mine after you continue to either twist, or totally misunderstand what I say(dumb is a great word to use though...I'm filled with intellectual shame). Here goes, read carefully, and try to understand.
I never said oil companies are building refineries with tax breaks. What I said is that they want to build with old technology, but won't build with new technology. Gulf coast refineries were damaged during katrina and the federal gov't repealed (short term) epa laws to allow the oil companies to rebuild or repair damaged refineries under older technology (not clean air technology, but cheaper, polluting technology). Tax funds in emergency disaster relief is being funneled into the gulf coast (and that is great) to help all these people and companies. None of that is really a problem for me sometimes rules/laws have to be bent for an emergency. Companies, especially small businesses need help and they provide lots of jobs in that area, and people need to work.
HERE is where I have the problem. It is Bush admin philosophy to make this short term repeal the norm for all building. The current party in power is giving more subsidies to the oil companies and they want to repeal the epa laws. My understanding is that the road block to building more refineries is the cost of building them under the current EPA laws. Also, why are we giving ANY subsidies to companies who are making record profits? If we should be helping anyone we should be helping companies who are in danger of failing (i.e. farms, air lines ect.) You don't see Delta airlines making record profits right now do you? They have rising fuel costs and other issues which are driving them into the ground.
I said oil companies weren't making record earnings, but record profits. What I meant to say is that I wasn't talking about record earnings, but record profits. Of course you have record earnings when you pass along the higher costs of doing business. What I'm trying to say is that the companies are doing more than passing along the cost.
You and I will never agree on this. I don't think you're ideas are dumb...as you so eloquently did for my ideas. I think they're just wrong, and nothing I say will convince you otherwise. I've had my last word..