1. Technically, you're right that the oil companies are getting tax breaks rahter than recieving money from the government, but these are de facto subsidies. The distinction between a tax break and a subsidy is purely technical:<quoted text>
Tax dollar are not going to the oil companies. Oil companies are not subsidized by the Government. The liberal weenies won't let the oil companies drill and therefore you have high gas prices and high unemployment. I don't know nor do I care where you get this nonsense that the TP is funding the oil companies but I suspect you must be reading the posts of these Hacks on the forum who call themselves ex-marines and such. Garbage in, Garbage out. Liberal, Soros owned anti American HACKS.
"But an examination of the American tax code indicates that oil production is among the most heavily subsidized businesses, with tax breaks available at virtually every stage of the exploration and extraction process."
2. I agree that liberals are unrealistic in their desire to stop oil production, but please note domestic oil production has increased under the Obama administration:
"US oil production last year rose to its highest level in almost a decade, thanks to an increase in the use of unconventional extraction techniques.
As a result, analysts believe the US was the largest contributor to the increase in global oil supplies last year over 2009, and is on track to increase domestic production by 25 per cent by the second half of the decade."