Quote:
Originally Posted by Corral
These days it seems big oil whines for taxpayer subsidies more than anyone else.
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The only thing “Big Oil” whines about is the artificial politically influenced restricting of market access and ability to sell their product. Any business anywhere any time would whine about that because that’s the essence of market economics, if you can’t sell your product you don’t have a business. All they’re asking for (besides lately due to the virus but everyone has had their hands out) is the ability to sell into a highly competitive global ecosystem. Not asking for prevalent tax breaks and subsidies like merging tech or renewable energy. Not asking to be overtly protected from any kind of competition like our benevolent telecom and banking oligopolies. Not asking for price fixing and supply management like the dairy cabal.
By Canadian standards oil is as laissez faire as it gets, and they’ve only recently reached out for government assistance with pipelines because envriro obstructionists and terrible government policies have made private financing of these critical projects impossible. If that’s truly your issue with big oil then your beef is with those entities and not the industry.