How are YOU telling BP to go **** itself?

[Asher]

Yeah I figured you'd go for that color...

Matches my eyes.

[Kuciwalker]

Because they are public property, and won't be renewed. It therefore makes sense to maximise the return to the public from them, without actually driving away those who want to extract them.

And that's why the rights to them are auctioned. So why do you want the tax, again?

[MrFun]

"Shocking" news! BP's disaster planning was ****ed up for some time now.

[Dinner]

Wait a second... Asher drives a Mazda hatchback?

As in this?

The Mazda 3 is actually a nice little car but it's biggest problem is it has a gutless motor. I imagine it makes a nice daily commuter though.

[Flubber]

I'm not at all offended.

We are both connected to the industry but he is directly connected (and much dirtier than me).

Hey how do YOU know about my "dirty sexual pratcices-- err umm I guess you were talking about involvement in industry -- my bad!!

I'm not at all offended.

He does oil, I'm involved with trucking.

I took no offense and make no apologies for the industry I am in. Personally however about 90% of my time is related to natural gas projects. While not impact fee, they have lesser emissions and "spills" (for most) are impossible.

[Asher]

The Mazda 3 is actually a nice little car but it's biggest problem is it has a gutless motor. I imagine it makes a nice daily commuter though.

Gutless motor? WTF?

It's a 160hp engine and only 2600lbs.

It's also got a perfect power curve, unlike the Matrix/Vibe and Civic.

Stupid Oerdin.

What do you drive, Oerdin?

[Bugs ****ing Bunny]

Is anyone boycotting Transocean?

[Flubber]

Because they are public property, and won't be renewed. It therefore makes sense to maximise the return to the public from them, without actually driving away those who want to extract them.

All countries around the world adopt this approach with non-renewables.

Governments charge royalties which is the "economic rent" for the use of a government owned resource. These are usual but I took your earlier post to be advocavting some additional tax for non-renewability?

[Drake Tungsten]

Gutless motor? WTF?

It's a 160hp engine and only 2600lbs.

My 3 was blowing past people on the uphills in the Appalachians.

[MrFun]

What do you drive, Oerdin?

He drives a go-kart.

[MrFun]

Gutless motor? WTF?

It's a 160hp engine and only 2600lbs.

My 3 was blowing past people on the uphills in the Appalachians.

So the truth finally comes out - you're not from Nebraska. You're actually an Appalachian hillbilly.

[Drake Tungsten]

I hate hillbillies almost as much as I hate Iowegians.

[ricketyclik]

Governments charge royalties which is the "economic rent" for the use of a government owned resource. These are usual but I took your earlier post to be advocavting some additional tax for non-renewability?

Yes, royalties are what I'm talking about, but I'm using the blanket term tax. (Australia is in the middle of a heated debate about a proposal to replace royalties with a "resource super profits tax".)

[ricketyclik]

And that's why the rights to them are auctioned. So why do you want the tax, again?

We don't auction them here (at least I've never heard of such a process here) and we would be mad to given that the life of a mine can be decades long. Unless the rights were auctioned in terms of a percentage cut. Is that the way they're auctioned in the US?

[Hauldren Collider]

You're an idiot