I ran across a local news paper article regarding Louisiana receiving the 7th most S.N.A.P.  benefits in the country per capita. One guy posted how food stamps are ok but how he hates it when people abuse the system. That's completely understandable. Then a completely misinformed asshat post some ridiculously vauge article saying how oil field companies receive federal government subsidies, complete with out citations or references to these claims. So, here is a Forbes article that explains and lays out how the so called subsidies work and what they are. They also explain what "subsidies" apply to other industries. It's an old article but still relevant.

forbes article

Tax breaks for doing what the government wants is just a soft form socialism.

So the government wanting to keep jobs in the US and encourage production here is soft socialism?  

Isn't this the same thing the states do when they offer no income tax or a lower corporate tax rates than other states?  

 

That's one main difference between the two forms of government, one forces you to do something the other tries to lure you to do somthing with tax breaks.

What we need is the profit margin of an oil company and how much in taxes
the .gov makes all the way from the oil lease to when you pump it into your car.

I need to suscribe to your news letter, those lease prices BESE gets are in the millions per lease, then fuel tax then corp income tax on those earnings of the oil companies. What's so damn funny is that the oil companies pay higher wages than most other industries on average. Just look at any oil company's EBITA, Depreciation is a non cash expense, so you wouldn't subtract it to make a fair comparison.

I retired from a major oil company.

So there are some intelligent people on ARFcom.

Username is fitting, not one of then big boys in the GOM?