I am of the opinion that Oil co. should be scheduled and monitored and should not be left alone to do what they will with our nation’s resources! Furthermore the Oil co. has shown us twice now that they have no concern about the economical impact they make! And with absolute no regard that fuel is the basis of our economy. Plus has made mergers to put them in a monetary position for financial gain! The Oil co. has not made upgrades in our domestic Oil resources or Refineries or domestic exploration causing more grief to the American public.
Taxes is not the instrument for utilization of the Oil co. But the direct involvement from the Government in objectives and goals. This will in-fact cut through the red tape, paving the way for new explorations and updates as well as accurate information on our nation’s resources of domestic Oil and Refinery production and a stabilization tool for the economy. This will in turn put the Oil co. working for us instead of themselves!
If you think this kind of action is to extreme then consider this. What if the Oil co, decided to sell our Oil that we need to Communist China or other Global countries all in the name of free enterprise or greed. Is that so outrages? Then why do we have a foreign Oil co. drilling for our oil in the gulf called BP? Now what possibilities are curtailed there?