Seems like Big oil no longer needs any tax breaks and royalty free oil.

[uscitizen]

Whatcha think ?

 

[uscitizen]

bump

 

[Topspin]

ahh but we'll take them until the current agreements run out.

 

[uscitizen]

Or hopefully get canceled.

 

[Topspin]

not gonna happen grasshopper, these things applied are contracts. LOL
maybe upon expiration the dems in control won't be so favorable, that's when you'll get your supposed payback. Nobody gave a shit for 20yrs as we struggled in the 80's and 90's.

 

[uscitizen]

Tax breaks are not a contract.
They can change at any time.

 

[WRL]

I gotta say, with their neglect in building US crude to gas refineries, not one since the seventies, which is a leading factor in the doubling in the price of gas, I'm a little short on sympathy for their record breaking profits. The key is to see if that money goes into building US infrastructure, and giving the recent 'green' talks and linking climate change, a naturally occurring event ever changing with the growing earth, that's transformed Earth from a ball of lava, to and Ice age, and everywhere inbetween, that's not too likely, so where will those profits go? China, India?

 

[Topspin]

where they belong, the shareholders

 

[uscitizen]

Why then are they buying back their shares ?

 

[cawacko]

Why then are they buying back their shares ?

because they are having challenges of where else to better deploy the capital.