Head of Exxon told Congress yesterday if they don't get their tax incentives

[Winterblues]

Then it will hurt their effort to research alternative energy.......:rofl:

[robinlynne]

1. cool. how about taking that money and giving it to nrdc to research alternative energy...

or Mr Gore? is it 18 million or 18 billion dollars?)

[jgraz]

2. Was he under oath? I hope so.

Even so, lying to Congress is a crime. Let's start prosecuting these assholes.

[damntexdem]

8. It wasn't a lie, it was a threat.

But it was an empty threat, because they couldn't be trusted to research alternate energy in any case.

Just one more reason to boycott EXXON-Mobil.

[rateyes]

3. Did any congress critter ask any of the oil executives:

"Were you a member of Dick Cheney's Energy Task Force?" I would love to see them squirm on that one.

[SammyWinstonJack]

4. They'd answer like this: "So"?

:evilgrin:

[alfredo]

10. Yes Inslee did. All but the last one said no. The one that said yes

was asked to turn over his notes of the meeting. He said he would.

[SammyWinstonJack]

12. If Cheney doesn't shoot him in the face before he has the chance too do so?

:evilgrin:

[alfredo]

14. I bet Cheney will block the release.

[SammyWinstonJack]

17. Of course he will.

[alfredo]

20. It won't be hard running out the clock with Mucklazy at DoJ.

[frylock]

18. someone should put him on "suicide" watch

[JDPriestly]

5. We want results, not just research.

The big oil companies are "researching" alternative energy into never-never-land. It's time to fund the research by the independent researchers with taxes on traditional energy. The tax incentives should go to the independent companies. It's time to get some competition going.

The first railroads were built in this country were built by many smaller companies. At the outset, the automobile industry involved many small companies. That's how you start industry. The big corporations, those that dominate a sector of the market, will never seriously fund the research on products that will replace or displace their primary product. It just does not happen.

[katsy]

6. So why are tax incentives given to oil companies anyway?

Why not pour that money into new alternative energy startups and let the competition begin?

[lonestarnot]

7. Fucking A

:rofl:

[KansDem]

9. Time to nationalize energy, along with health

These are national security issues...

[alfredo]

11. We won't have solar energy until Exxon can buy the sun.

[Initech]

22. Maybe that's their plan.

Why else would they be raking in $40 billion a quarter AND get free money from the government (which they are the only industry that does)?

[alfredo]

26. They might as well own the sun, they own the administration.

[DCKit]

13. They were also asked if a $100 million investment in alternatives...

wasn't a bit low considering their $46 BILLION profit.

Apparently, throwing more money at developing alternatives isn't going to bring them to market any sooner.

[Jack Rabbit]

15. Not only should they not get their tax incentives

but they should be forced to divest in their interest in alternative energy, since their interest in alternative energy is in not developing it.

Such divestment should have been done 30 years ago.

[Junkdrawer]

16. It was Opposite Day - when the employees get to pretend to hold the Bosses accountable...

A good time was had by all...

[Initech]

19. Maybe *WE*, the tax payers, should get Exxon's tax incentives.

After all, it's their war, which is supposed to "protect us". :sarcasm:

[Froward69]

21. Thats not so far fetched...

wouldn't it be nice if the OIL comp's had to pay for the wars they want? we sure would have fewer of them.

[Initech]

23. Yeah, oil should start funding its own wars.

They've made more than what, double the cost of the war since Bush has taken office?

[Blue_In_AK]

24. Exxon can bite me!

They are the worst. By the way, when are they going to make things right for the Prince William Sound fishermen? Fuck Exxon and their obscene profits.

[mitchum]

25. And he needs to be hung from his heels outside of one of his precious gas stations

[lpbk2713]

27. Maybe they can get some money back from the half billion retirement package they gave Lee Raymond.

I doubt it.

[spanone]

28. sounds like a threat to me

[spanone]

29. sounds like a threat to me