tag:blogger.com,1999:blog-3758330678390419129.post7415705331625074422..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Trump Considering Paying Oil Drillers Not to Drill OilRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-21927351089803031652020-04-16T10:40:07.831-04:002020-04-16T10:40:07.831-04:00During the Great Depression most of the oil-produc...During the Great Depression most of the oil-producing states (led by Texas) instituted "pro-rationing" to get their oil prices up. State regulators issued quotas on crude oil production and the Feds passed appropriate legislation (the Connelly Act) to allow the state cartel system to work. Dominickhttps://www.blogger.com/profile/10113091064299237392noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-28839111250969697532020-04-16T01:09:37.506-04:002020-04-16T01:09:37.506-04:00Not just damn the consumers, but producers of good...Not just damn the consumers, but producers of goods and services too. Well so much for contracts I was hoping might just be delayed a while but eventually come to fruition. Why would an oil company pay my company to haul their freight to the oil fields of Prudhoe Bay if they can get paid to leave it? Holy crap, I thought paying farmers not to farm was lunacy. This takes the grand prize. <br />AndJoshua Bennetthttps://www.blogger.com/profile/14314841330994831499noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-20799073818983045202020-04-16T00:17:42.196-04:002020-04-16T00:17:42.196-04:00The US federal government has been waging war sinc...The US federal government has been waging war since at least the early 1990s to keep oil prices up. (by keeping oil off the market or controlled by the cronies) This program is at least far less destructive and cheaper. Jimmy Joe Meekernoreply@blogger.com