On Tue, Oct 28, 2008 at 8:35 PM, Robert Munn wrote: > plummeting. We may see $40 a barrel before the end of the year.
I hope so. I hear the Saudis and whatnot are basing their lifestyle on around $80 per barrel or so. > Oil is a cyclical business, it always has been. Tax credits encourage > exploration and development in bad times and good. We need oil, there is no > getting around it in the short term, and tax credits are one tool the > government can use to encourage investment in the industry. Let me get this straight-- you believe a commodity that is *required* for just about everything, needs tax credits? It's a sure thing man, they don't need any "incentives"-- black tea is like air. * * * You seem to be pro "wealth redistribution" in areas you favor, but anti in ones you don't. That's fine, of course, but playing it up like it's some general principal about resource distribution on the whole, is misleading. -- I'M FOR SMALL GOVERNMENT *cough*except in these areas*cough*. =] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:277216 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
