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Originally Posted by Wagner
Why should oil companies share their profits? Do you write them a check every year to help R&D? Don't think so. You pay for what you use.  |
There shouldn't be oil companies anymore than there are police companies who police the streets for profit. The oil found in the United States should be the property of the American people and the only cost we should pay is the cost of getting that oil to the pump, not an inflated cost so someone can make a profit on it. And if there is to be a profit on it, then that money should be refunded to the people as is the case in Alaska. All people in Alaska receive an oil dividend check each year for any profits from the publicly owned Alaskan oil wells. The oil in the entire country should be this way.
http://www.iht.com/articles/ap/2007/...a-Dividend.php
Alaska residents will get annual oil royalty dividend of $1,654 each
September 19, 2007
The Associated Press
Nearly every Alaskan will soon receive a check for $1,654 (€1,183), their share of the state's oil riches, Alaska Governor Sarah Palin announced.
The dividend checks are derived from the state's oil royalty investment program and distributed each year to eligible residents — just for living here for a full calendar year.
Slightly more than 600,000 men, women and children in 248 communities will receive the dividend this year, according to the Revenue Department. The state's estimated population is just over 670,000 people.
It is a perk that separates Alaska from the rest of the U.S. and was recently parodied in "The Simpsons Movie," which prominently features the television cartoon family's journey to Alaska.