Quote:
Originally Posted by Corral
Always puzzling how the free market crowd somehow thinks government intervention is okay when market forces are adverse. When times are good its all about red tape reduction and keep royalties low. When times are bad its where’s my bailout. To think this market predicament is the fault of the federal government is silly
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The current O&G Marketplace is more of mess than a homemade radio.
To me the government should be doing everything they can to enable the marketplace. They had a private company ready to build a pipeline, they dragged thier feet for so long, they wound up buying the project. That should not happen.
As mentioned, where would all levels of government be without the sweet tax revenue generated by O&G?