Who will apply for work at Tesla in Tulsa?

[JD8]

Gets REALLY quiet in here when you talk about oil and gas subsidies LOL.

 

[k4ylr]

More from Wednesdays Tour de Tulsa:

 

[crrcboatz]

Those pics of the driller a sort of a 2 bit joke. That not only is embarrassing but childish.

 

[Shadowrider]

Gets REALLY quiet in here when you talk about oil and gas subsidies LOL.

I'd really like for someone to show me where the federal government actually wrote a check to an O&G company. Just one check drawn on a .gov bank account, endorsed by a .gov agency and with the payee being an O&G producer.

 

[k4ylr]

I'd really like for someone to show me where the federal government actually wrote a check to an O&G company. Just one check drawn on a .gov bank account, endorsed by a .gov agency and with the payee being an O&G producer.

Is that how you think subsidies work? That's not how they work.

Considering in 2017, the global subsidy value for oil and gas was estimated to be $5.2 TRILLION dollars. That's 6.5% of the global GDP. Of which $649 Billion was of domestic use in the US.

Here's a rather lengthy, but non-exhaustive list of subsidies received domestically by the oil and gas industry. Along with the potential revenues for one year and 10-year spans. Granted this article serves to represent how much tax payer money would be saved by eliminating said subsides.

This article is a little old, but breaks down some of the subsidies (and loans) received by Tesla since it's inception; and how they compare to O&G companies.

 

[Shadowrider]

Is that how you think subsidies work? That's not how they work.

Considering in 2017, the global subsidy value for oil and gas was estimated to be $5.2 TRILLION dollars. That's 6.5% of the global GDP. Of which $649 Billion was of domestic use in the US.

Here's a rather lengthy, but non-exhaustive list of subsidies received domestically by the oil and gas industry. Along with the potential revenues for one year and 10-year spans. Granted this article serves to represent how much tax payer money would be saved by eliminating said subsides.

This article is a little old, but breaks down some of the subsidies (and loans) received by Tesla since it's inception; and how they compare to O&G companies.

Wrong. Sorry, try again.

These are tax breaks and accounting rules, they are not subsidies. Government loans are also wrongly referred to as subsidies which is a perfect example of the libtard, GREEN mentality having re-written the definition of subsidy to suit their agenda. Here's the actual definition from Merriam-Webster:

Definition of subsidy


: a grant or gift of money: such as
a: a sum of money formerly granted by the British Parliament to the crown and raised by special taxation
b: money granted by one state to another
c: a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public

I want to see an actual subsidy and have yet to find one even after listening in on quarterly shareholder conference calls, perhaps a hundred of them for various companies and I've yet to see a subsidy listed in the CFO's slides on said calls.

A tax break is a tax break. A loan is a loan and usually paid back with interest. These are most assuredly not meeting the definition of subsidies.

 

[SMS]

I'd really like for someone to show me where the federal government actually wrote a check to an O&G company. Just one check drawn on a .gov bank account, endorsed by a .gov agency and with the payee being an O&G producer.

Did that happen for Tesla...not in exchange for goods or services?

 

[JD8]

I'd really like for someone to show me where the federal government actually wrote a check to an O&G company. Just one check drawn on a .gov bank account, endorsed by a .gov agency and with the payee being an O&G producer.

Why do the logistics of the subsidy matter? The O&G industry is in fact getting a handout, in one form or another.

Wrong. Sorry, try again.

These are tax breaks and accounting rules, they are not subsidies. Government loans are also wrongly referred to as subsidies which is a perfect example of the libtard, GREEN mentality having re-written the definition of subsidy to suit their agenda. Here's the actual definition from Merriam-Webster:

Definition of subsidy


: a grant or gift of money: such as
a: a sum of money formerly granted by the British Parliament to the crown and raised by special taxation
b: money granted by one state to another
c: a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public

I want to see an actual subsidy and have yet to find one even after listening in on quarterly shareholder conference calls, perhaps a hundred of them for various companies and I've yet to see a subsidy listed in the CFO's slides on said calls.

A tax break is a tax break. A loan is a loan and usually paid back with interest. These are most assuredly not meeting the definition of subsidies.

Stop... just stop.... especially with the politicization. It's all a handout and the O&G industry had gotten them in one form or another since it's existence. Don't pull the politician mentality and cover it up with semantics. Tax breaks are different? LOL..... Loans are different? That's not what OSA says about certain car manufacturers as we have only talked about O&G so far.

 

[DavidMcmillan]

Everyone interprets words in their own way. Subsidies to one are a tax break, or loan to another. A bit like infringement to one is a sensible move to another.

Just try to look at the entire picture and actually think of all the possible pros and cons of any proposal. Oklahoma needs more employers.

 

[Shadowrider]

Did that happen for Tesla...not in exchange for goods or services?

Never said or implied that they did and I have doubts that it did happen for Tesla.